Business Administration in the Netherlands

Overview by Globlatrade.net:

Setting Up a Company

Legal Business Entities

Types of Companies and Capital (Max/Min) Number of Partners/Shareholders and Liability Registration Fees
The BV (Belosten Venoostschap met beperkteaansprakelijkhei) is a Private Limited Company.
 
 
Minimum capital: 18,000 €. Up to 20% must be subscribed.
Minimum 2 . It can be constituted of several legal entities or individuals, and 1 shareholder for a BV proprietorship
 
 
Liability of each partner is limited to the amount of capital contributed.
Company's name registration to the Chamber of Commerce: EUR 90; Board validation by the Department of Justice: EUR 91; Constitution Act executed by a public notary: EUR 1,750; Registration to the local Chamber of Commerce to obtain a registration number: EUR 123.34.
The NV (Naamloze Vennootschap) is a Public Limited Company.
 
 
45,000 € at least. 20% should represent the subscribed amount and 25% the amount released at the incorporation
No minimum.
 
 
Liability is limited to the amount of capital contributed.
Company's name registration to the Chamber of Commerce: EUR 90; Board validation by the Department of Justice: EUR 91; Constitution Act executed by a public notary: EUR 1,750; Registration to the local Chamber of Commerce to obtain a registration number: EUR 123.34.
The VOF (Vennootschap Onder Firma) is a general partnership.
 
 
No minimum capital.
Minimum 2 partners.
 
 
Partners' liability is joint and several.
Company's name registration to the Chamber of Commerce: EUR 90; Board validation by the Department of Justice: EUR 91; Constitution Act executed by a public notary: EUR 1,750; Registration to the local Chamber of Commerce to obtain a registration number: EUR 123.34.
CV (Commanditaire Vernootschap) is a limited partnership.
 
 
No minimum capital.
Minimum 2 partners. 2 types
of partners: active partners and sleeping partners.
 
 
Active partners have an unlimited liability, notably corporate management. Sleeping partners have a liability limited to the amount contributed.
Company's name registration to the Chamber of Commerce: EUR 90; Board validation by the Department of Justice: EUR 91; Constitution Act executed by a public notary: EUR 1,750; Registration to the local Chamber of Commerce to obtain a registration number: EUR 123.34.
Bijkantoor is a branch.
 
 
No capital is required, if the branch is registered with the Trade Register .
No legal entity, it depends on the status of the parent company.
 
 
The parent company is liable for actions carried out by the branch except for management which is limited, joint and several.
Company's name registration to the Chamber of Commerce: EUR 90; Board validation by the Department of Justice: EUR 91; Constitution Act executed by a public notary: EUR 1,750; Registration to the local Chamber of Commerce to obtain a registration number: EUR 123.34.
 
Business Setup Procedures
Status must be drawn up in Dutch in a notarized deed. They must be forwarded to the Ministry of Justice, which delivers a certificate of non-objection within two months. The company must also register with the Trade Register (Handelsregister), with the Chamber of Commerce (Kamer van Koophandel en Fabrieken) of the place of setting up. Then, notice in a official advertisement journal is required.
The Competent Organization
the Trade Register.
Search a Company or a Financial Report
Handelsregister

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Working Conditions

Legal Weekly Duration
37 hours
Retirement Age
67 years
Working Contracts
Regulated by legal clauses and to a lesser degree by collective agreements and individual negotiations.The terms of employment contracts cannot be changed, the conditions for hiring and the limits for dismissal are rather rigid.

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Cost of Labor

Minimum Wage
EUR 1,300.80 per month in January 2007. The wage is regularly adjusted.
Average Wage
Annual average was EUR 27,800 in 2005.
Social contributions
Social Security Contributions Paid By Employers: 15.90 %.
Social Security Contributions Paid By Employees: 6.45 %.

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Social Partners

Social Dialogue and Involvement of Social Partners
The main trade unions are the FNV (Dutch trade union center) and the CNV (Christian trade union center).
Unions
FNV
CNV
De Unie
List of all Dutch trade unions
Unionization Rate
28 %.
Labor Regulation Bodies
Ministry for Social Affairs & Employment
Confederation of Netherlands Industry and Employers (VNO-NCW)

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