• [En]
  • [Fr]
  • [Es]
  • [It]
  • [Tr]
  • [Ru]
  • [Pl]
  • [De]
  • [Cn]
  • [Br]
  • [Ar]
  • [Nl]
  • [Ko]
  • [Ro]
  • [Cz]
  • [Bg]
  • [Dn]
  • [Fn]
  • [Gr]
  • [Hu]
  • [Nr]
  • [Sw]
  • [Is]
  • [Jp]
  • [Th]

  (+31) 765-870 401

  office[at]lawyersnetherlands.com

(+31) 765-870 401
office[at]lawyersnetherlands.com
Company Formation Netherlands

CHECK COMPANY
NAME AVAILABILITY (Step 1)



Articles

Change a Sole Proprietoship into BV

Updated on Wednesday 06th December 2017

Rate this article
5 5 1
based on 1 reviews


Change-a-sole-proprietoship-into-a-BVThe Netherlands is very versatile country offering the possibility to businessmen to set up both small or large companies here. From sole proprietorships to limited liability companies, one is first required to choose the business form he or she wants to use upon the Dutch company formation procedure.

Those who start small companies as sole proprietorships have the possibility to change the company type along the way. However, when the business enlarges, then the change in company form becomes mandatory. Most of the times the sole proprietorship is changed into a limited liability company, mostly known as the Dutch BV.

Our company registration agents in the Netherlands can assist with the registration of both sole traders and BVs.

Differences between sole proprietorships and BVs in the Netherlands

In order to understand why the change from sole trader to limited liability company is an usual process in the Netherlands, it should be noted that:

  • -          the sole proprietorship is liable for the business’ debts and obligations with the owner’s personal goods; contrary to that, the BV offer limited liability for the company’s obligations;
  • -          the BV can benefit from lower taxes compared to the sole proprietorship which will pay the income tax;
  • -          the BV can also benefit from certain tax exemptions, while this is very unlikely in the case of the sole trader.

Apart from these, foreign investors can also set up flex limited liability companies, also known as flex BVs, which offer more advantages. Our company formation consultants in the Netherlands can assist those who want to set up BVs and flex BVs.

How can one switch from sole proprietorship to a Dutch BV?

The procedure of changing a sole trader into a limited liability company in the Netherlands is not that simple as it implied de-registering the sole proprietorship and then registering the BV with the Companies Register.

The change will imply:

  • -          obtaining a company name, different from that of the owner of the sole trader;
  • -          preparing incorporation documents for the BV;
  • -          obtaining a new company registration number;
  • -          obtaining a new VAT number;
  • -          obtaining a certificate of registration for the BV.

For assistance in changing a Dutch sole proprietorship into a BV, please contact us.

 

Comments

There are no comments

Comments & Requests


Please note that client queries should NOT be posted here but sent through our Contact page.

Why work with us?

Dennis Vermeulen, the manager of INCO Business Group and a specialist in Dutch company formation, will help you incorporate a company in the Netherlands as soon as possible.

Dennis-Vermeulen-Dutch-company-formation-specialist.png
 

Call us now at +31-765870401 to set up an appointment with our specialists in company formation from Breda, Amsterdam or Rotterdam.

24 hours response time.png

1000 registered companies.png

Dutch trust experts.png

free initial evaluation.png

 
Contact Us Now

Online Incorporation

tax-calculator-netherlands

Tax Calculator

tax-calculator-netherland

Testimonials

.jpg

I have had a very good collaboration with the specialists in company registration from CompanyFormationNetherlands.com. They answered to my requests rapidly and they managed to open a company in just a few days after I had sent all the required documents for my clients.

Cristian Darie, Partner of
Darie, Manea & Associates
www.rolegal.com
Read more testimonials

Resources

Download our brochure if you need information about setting up a company in the Netherlands.

How to open a company in the Netherlands.pdf

We recommend ClientPedia

This website is marketed by ClientPedia

banner Clientpedia.jpg