Netherlands Company Formation

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Netherlands

Company Formation and Related Services

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Buying a European shelf company with VAT number

Whenever you need to start doing business immediately in a European country and you need a company with a VAT number, you don’t have to wait for the bureaucratic procedures.

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Partner Law Firms

We encourage you to contact our partner law firms in Bucharest: Rolegal and E&C, both part of our legal network.

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Tax Minimization Structures

BridgeWest is specialized in special corporate structures designed for tax minimization. No matter where you want to incorporate your company, you will need to consider how you can legally minimize costs.

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Nominee Director in Netherlands

January 28, 2013, 6:59 am
BridgeWest

 The registration of a Dutch company begins with drafting the articles of association, which contains the legal entity’s internal regulations. In these articles are also stipulated the names of the company’s representative, besides the name of the company, its address, its capital, information regarding the shares and the shareholders. The name of the beneficial owner can be kept secret from third parties so another person must provide his/her name to be stipulated on the official documents. This entity is known as nominee director and can be an individual or corporate body, who acts as a non-executive director as part of  the board of directors of the company, in the name of another person or corporate body such a major shareholder, a  lender or a bank.

In the offshore jurisdictions, the nominee director is only renting his name to the entity with interest in the company, sign on certain documents and appoints the beneficial owner to keep all the powers and duties, through a power of attorney elaborated after the company’s registration. The nominee director of a Dutch company must act as any other manager: it has full rights and responsibilities as a regular director: is representing the company on the market, is elaborating various strategies for it, keeps specific documents, such as statement of accounts, reports, balance sheets, participate at the general meeting of the shareholders, convene these meetings, provide all the necessary information to the authorities, register the company, provide support at its liquidation or transformation. These responsibilities can be limited by the articles of association.

The advantages of appointing a nominee director in Netherlands are mostly due to the fact that these entities are very well prepared in the Dutch commercial law and can provide help at the registration and any company’s activities. It’s also granting a high degree of confidentiality for the beneficial owners. Unlike in the offshore jurisdictions, the beneficial owner must be careful what person is appointed. Usually only trustworthy, loyal person are allowed to take this role.

The procedure of appointing a nominee director is not very popular in Netherlands, as it’s a process usually characteristic to offshore jurisdictions. There is no legislation to regulate the process of appointing a nominee director in Netherlands, however BridgeWest can offer in certain cases nominee directors in Netherlands depending on certain specifics of your business in the country. Please contact us for more information.




Open Business in Netherlands
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Company Formation in Netherlands

Amsterdam

In order to register a company in the Netherlands, the following steps must be taken:

Firstly, a bank account where the start-up capital will be deposited must be opened. The client must present identification documents, such ... [More]

Lawyers in Netherlands

Amsterdam

BridgeWest provides a wide range of legal services in The Netherlands through our affiliated Dutch lawyers and Law Firms in Amsterdam, Rotterdam and other major cities in The Netherlands. We are main ... [More]