What is the procedure for starting a BV?

Step 1: Incorporation

The first step in the incorporation process of a Dutch BV is to draw up a deed of incorporation. The deed of incorporation is drawn up by a civil notary and contains the articles of association. The BV may be incorporated by either one or more future shareholders. If the BV has only one shareholder, the law requires that the name, address and other personal details of the sole shareholder will be filed in the Business Register.

Step 2: Registration

After the execution of the deed of incorporation and the fulfillment of the minimum capital requirements, the BV can be registered with the Chamber of Commerce. Without registering the BV, the founders/directors are jointly and severally liable for the obligations of the BV.

When completing the incorporation procedures, the notary will request the founders/directors to complete the registration forms. After incorporation, the details should be filed with the local Chamber of Commerce for listing in the Business Register. It is important for the information filed with the Business Register to always reflect the current situation. Any amendments to the articles of association, changes of directors, or changes in the powers of the company’s authorized representatives should be communicated and filed with the Chamber of Commerce.

Step 3: Completion

Upon receipt of your approval of the articles of association and the signed documents and forms referred to above, the BV will be incorporated. The notary will register the BV with the Chamber of Commerce. This registration finalizes the incorporation procedure. You are now the proud owner of a BV in the Netherlands.

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