As a newcomer, the road to setting up your own business can be a hard road to take. Before registering your business at the Kamer van Koophandel (Chamber of Commerce), you have to figure out what legal structure works best for your business. Should this be done as a private business, partnership or as a Limited, a so called Besloten Vennootschap (also referred to as BV). The decision is determined based on the size, the activities, the turn-over and the risks of liability related to your business. The following legal forms can be registered:
- Single person business or freelancer (eenmanszaak)
- Partnership under common firm (VOF)
- Private limited liability company (BV)*
- Foundation (Stichting)*
OnestopAdministration can help you make the best decision with respect to the legal structure of your business and help you take the necessary steps to start your business in the Netherlands in a good way.
* BV’s and Foundation have to be set up by a notary firm and also have to be registered with the Handelsregister (Trade register) in order to enable the legal entity with limited liability. OnestopAdministration has excellent contacts with notary firms and can assist you in this on every level of setting up the legal entity.