Legal Aspects for incorporating Dutch BV

Dutch BV is the most beneficial and highly reliable business structure in Netherlands. Set up a Dutch virtual office to handle business activities at low cost. Read for more detail: http://act-offshore.com/seo/act/dutch-virtual-office.html

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1. Legal Aspects for incorporating Dutch BV Incorporation of Dutch BV is ideal for entrepreneurs those want to set up a continuous business in Netherlands. It provides protection from future liabilities especially to international businesses. Beneficial tax system, flexible business environment, strong financial sector, quality of life and pre- business government are the major factor to attract foreign investors for structuring their holding and financial activities in Netherlands. The new legislation simplified on October 1st, 2012, has made it more beneficial business entity. Reformed legislation has implemented more flexibility in rules to set up and operate a BV. Before establishing a Dutch business, you may want to know about detailed legal aspects of Dutch BV. This article discusses some important legal aspects of Dutch BV.  Incorporation: Dutch limited liability (BV) is incorporated before a dutch civil notary who provides translated articles to company owner. The notary verifies the personal identity of company's beneficial owner, it managing director and shareholder(s) and many more things according to requirement. A Dutch virtual office is also established to carry out business activities easily.  Capitalization: According to modified legislation, minimum capital requirements for BV has been set only to 0.01 Euro. If desired, additional capital can be contributed without any upper limit. Capital may or may not be divided into shareholders. If divide, each share must have per value expresses in terms of Euro. Shares without per values are not permitted. Managing director, shareholders or residents of Netherlands need not to hold any share.  Shareholders in BV: BV can issue different classes of shares, but only for registered shares. Shares can be issued with or without participation in profits and voting rights. According to the BV association articles, share purchase prices may be decided by experts upon request of seller.  Legal reserve: No profit share is transferred to legal reserve unlike European countries.  Management: BV is managed by one or more shareholders and directors. Board of directors and company member are appointed and dismissed by shareholders. Its is advisable that half of directors should be residents of Netherlands, but this is not mandatory.  Dividend Distribution: BV shareholders are authorized to make decisions about dividend distribution. This decision may be approved or disapproved by board of managing directors. Due to these beneficial aspects, Dutch BV seems to be the best entity in Netherlands for conducting business activities. According to Dutch law, BV itself, sole shareholder and other shareholders must be registered. The notary helps the client in setting up BV and Dutch virtual office.