Business Structure in the Netherlands

[GeorgePapayia]

Good afternoon everybody! 

 

Me and my partner have a question regarding choosing our companies structure in the NL. 

 

Our company will focus on services which include the following: academic writing services, consulting for new students coming in the Netherlands, and we will have a platform that will allow students to exchange their university notes. 

 

We have narrowed down our choices into three strucutres: Professional Partnership (VOF), Private Limited Company (bv), and General Partnership (vof). 

 

Which one do you think it's the most suitable for non dutch residents (students), with little capital, and less than 150k profit per year? 

 

Can't wait for your responses! Thank you in advance!!

 

8 maart 2022 aangepast door Mikky Vrolijk
Titel

[Joost Rietveld]

Dear George, welcome to HL.

 

52 minuten geleden, GeorgePapayia zei:

Professional Partnership (VOF), and General Partnership (vof). 

These are the same in NL. 

 

If you are without capital and a 150k profit to be devided over more than one entrepreneur, then a BV seems like 'overkill'. 

 

The VOF will do just nicely. Cheap to start and to maintain. Tax benefits for the partners in de VOF. All in all I think it's best you put your focus on this. Once a BV becomes handy (protection of private property from business harm, divideable equity, attracting investors) you can always transform a VOF into a BV.

 

Get your info here: https://www.kvk.nl/english/starting-a-business-in-the-netherlands/commercial-partnership-vof/

[GeorgePapayia]

Thank you very much for your response! 

[Ron van der Kolk]

Op 7-3-2022 om 15:12, Joost Rietveld zei:

Cheap to start

Although not mandatory, I would higly recommend to draw up a partnership agreement and have it tailored to your situation by a legal adviser. This may cost you a few hundred euros, but can save you thousands when the relationship goes sour and the partnership is dissolved.