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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Shelf Company in Netherlands

February 17, 2011, 4:45 pm
BridgeWest

Netherlands is one of the most desired countries for foreign investors, due to the welcoming and profitable business environment. Setting up companies in Netherlands is one way to invest and obtain profit. There are various types of company structures, including shelf companies. These are already formed and incorporated business structures available to commence commercial activity in Netherlands.

Even though the practice of share transfer is not very common, it represents an easy way to acquire a shelf company. It requires some standard procedures. The Dutch shelf company can be acquired by legal entities or natural persons who must provide certain documentation, such as identity cards, passports or certificate of registration in the country of origin, for the legal entity buyer. A Transfer of Shares Agreement must be signed and acknowledged by both parties and authenticated by a notary.

As shelf companies can be brand new, or they may have had some previous commercial activity, the certificate of no objection from the Ministry of Justice is necessary only for companies not older then one year.

Upon share transfer, the new shareholder is free to add modifications in the Articles of Association of the company, a new company name can be chosen, as well as objects of activity, address etc. The new Board of Directors needs to be chosen and their documents have to be registered. No change in the company structure is allowed without the permission of the Dutch Commercial Register.

As some shelf companies offered for sale have been involved in previous business activities, it is advisable for the buyer to be cautious and conduct a thorough investigation on the company's history, ensuring no taxes are unpaid as well as other debts.

Although the process of share transfer is similar to the procedure required to incorporate a regular company, the new shareholder can commence business almost immediately, and less paperwork is required. Therefore the practice of acquiring shelf companies has spread and entrepreneurs are satisfied with this choice.

BridgeWest is able to offer VAT-registered Dutch shelf companies headquartered in Dutch major cities per the requirements of the clients.
 

BridgeWest offers company formation in Netherlands, including virtual office and other related services.




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