What is a company in the process of incorporation?

After registering the BV with the Chamber of Commerce, but before the incorporation procedure is finalized, a BV can already independently do business. In that case, the BV has to register with the Chamber of Commerce as a “company in the process of incorporation” (“BV i.o.”). After the incorporation procedure has been finalized, the BV will be able to confirm the transactions made during the process of incorporation. Without that confirmation the founders or the first directors appointed in the articles of the BV are jointly and severally liable for potential damage arising from these transactions.
 

Related Questions

To be able to start your business in the Netherlands, in many cases you will need specific licenses and permits. Which permits and/or licenses do you need?
Read More
What information and documentation is minimum required for setting up a BV in the Netherlands?
Read More
Once you have chosen to start a BV in the Netherlands, you will have to know how to do so. We will show you step-by-step how to start a BV.
Read More
In the Netherlands you cannot choose any name you like as a business name. What are the requirements and restrictions?
Read More
Which three steps have to be taken to start a BV in the Netherlands?
Read More
How much is it likely to cost to incorporate a BV in the Netherlands? And what do you get for that quote?
Read More
Some of the documentation that needs to be provided to start the incorporation process needs to be legalized. Why? And how can a document be legalized?
Read More
Do you already have a company adress or correspondence adress in the Netherlands? If not, what can we do for you?
Read More
How much time the entire incorporation procedure will take, depends on various factors. Which factors?
Read More