1. Do I really need a limited company?

The majority of businesses are not companies. The reasons for having a company are varied, for example, it could involve ownership of property, obtaining investment funds, taxation or contractual relationships.The key point to recognise is that a company is a separate entity.This means that it is a legal person in its own right. It is separate from those who own or run it, and has 'limited liability'.

  2. What does limited liability mean?

Limited liability gives the owners of the company (its shareholders) protection if the company fails.This means that if a company is put into liquidation, the people who own the company will only be required to pay what they have already paid or agreed to pay towards settling its debts.

  3. Registration of a British Limited at the Chamber of Commerce in The         Netherlands?.

We refer you to the web site of the Chamber of Commerce where you can download the next forms and find information about how you can register.

These links will bring you to the web site of the Chamber of Commerce where you can go to download these forms (Remember that only the Dutch form can be used by the Chamber of Commerce! The English forms will help you filling out the Dutch forms):

  1. form 06 - registry of a foreign legal entity, partnership or company
  2. form 11 - registry of office holders of a legal entity.
  3. form 13 - registry for an authorised signatory.

02.05.2007  Record number of entrepreneurs is starting. In one year 90.000 companies extra.....

Amsterdam-The Netherlands gets more and more enterprising. Last year 90.000 people started for themselves. Since 2003 the amount of starters increased with ten thousand each year. This shows from the new figures of the Chamber of Commerce in the Netherlands
The increasing economy wins the most starters over, is the assumption of the Chamber of Commerce. ‘If the economy is going well, the smaller the risk’. Concludes a spokeswoman.
As well as the decrease of the administrative costs this contributes to the business interest, she thinks. Besides that the Chamber of Commerce takes more care of advising potential starters.
The average age that people start for themselves is 37 years.Younger people are less interested in entrepreneurship, shows the published investigation of the FNV from yesterday.Just one out of ten working youngsters indicate that they want to start their own company.
During the economic decline after the turn of the century the new entrepreneurs slowly decreased till over more then 58.000 in 2003. Since then the entrepreneurship is increasing in popularity rapidly. The more then eighty thousand of 2005 were already a record, and in 2006 the Chamber of Commerce counted a total of 90.113 starters, who together founded approximately 85.000 companies.
Perhaps the small entrepreneurs replace part of the employees. In 2005 that tendency was visible; the last year the Centraal Bureau voor de Statistiek does not have any statistics. Between 2004 and 2005 the number of employees decreased.
The trade unions follow this trend an try to commit the small entrepreneurs without staff to themselves. Yesterday the CNV announced to establish a small entrepreneurs union. The FNV already did this.
Most of the starters are working in construction. In that sector more then 16.000 people started for themselves, twice as much as in 2004. The growth of the number of Polish’s starters is remarkable. Since the EU-membership in May 2004, the Polish could much easier start a business in the Netherlands. Last year 3347 Polish’s signed themselves in as an entrepreneur. Of that 70% was in construction. As small entrepreneurs they could get round the restrictions which applied until yesterday for Polish’s employees.
(source: "Het Financieele Dagblad " 2 May 2007)

7.04.2007 To start own company very popular. More and more people start their own company. Scalin down of the social security has pushed entrepreneurship the last few years forward as an attractive alternative for being an employer. This appears from research of the economic institute for small - and medium sized companies (EIM). In 2006, no less than 65.000 people started their own company against 55.000 in 2005. The business to business service industry accounted for most of newly started companies in 2006. A quarter of all newcomers are from that sector. At a firm second place are the newcomers in the building branch. The past ten years the number of companies in this branch has tripled. The explosive increase in the building sector are due to the rise of the self-employed persons without personel (zzp'er).(source: “De Financiële Telegraaf” from 7 April 2007)

22.05.2005 UK corporations are popular with entrepreneurs. The number of English companies (Ltd's) in the Netherlands has increased in the last year by twenty per cent. For many Dutch entrepreneurs this legal form of company is increasingly appealing: UK lts require less initial capital, the set up costs are considerably cheaper and there are virtually no background checks on the applicants. (source: "Kamerkrant" from June 2005)

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