How much time the entire incorporation procedure of the Dutch BV will take, depends on various factors. Collecting the required information and documentation in the home country can be time-consuming. However, the entire procedure can already be performed within one week. Processing all the identification requirements and, if necessary, opening a bank account can take a week. The civil notary can draw up a draft of a deed of incorporation within a few days. Preparing and executing the notarial deed of incorporation can be done within a few days after the minimum capital has been deposited.
The founders or the first directors are jointly and severaly liable for potential damage arising from transactions made during the process of incorporation. When is a BV a company in the process of incorporation?