Netherlands - CV/Other jurisdictions
The Kingdom of the Netherlands is often called Holland, which is in fact incorrect. South and North Holland - the provinces of the Netherlands are the most developed, but only two of the twelve. It is assumed that the name of the country as “Holland” became widespread in Russia after the visit of Peter I and his retinue to one of the parts of the Netherlands - Holland itself.
The Netherlands is a highly developed EU country , jurisdiction with a standard level of taxation (tax on profits in the Netherlands - 25.5%), which does not carry any signs of "tax haven". At the same time, the legislation of the Netherlands provides the possibility of registering and using companies with a zero tax rate. These benefits are enjoyed by companies like Commanditaire Vennootschap - CV.
A company like CV is a partnership created by at least two founders, one of which has the status of a main partner ('' General Partner ''), the rest is standard status ('' Limited Partners '').
Normally, legislation by default provides that the company CV is managed by its General Partner. There are no restrictions on the appointment of additional persons to the positions of Limited Partners, directors or managers of the CV company, but it is the General Partner who is primarily responsible for the commercial activities and financial obligations of the CV company.
CV companies with foreign shareholders who do not conduct business in the Netherlands are not subject to taxation here. In accordance with tax laws, CV is not considered in this country as a separate taxable subject. In this regard, the company CV is not registered as a taxpayer, and therefore taxes from the company received profits are paid - in proportions according to their share interests in the CV - by its founders (“General Partner” and “Limited Partner”) at its place residences.
about jurisdictionArea – 41.526 sq. кmPopulation – 16.500.000Government – monarchCapital – AmsterdamOfficial language – dutchOfficial currency – euro (EUR)Time zone – GMT + 1
Company typeCommanditaire Vennootschap - CV
Directors of the companyQuantity: at least 2Status: Individuals and legal entitiesResidents: residents of any country are possibleInformation about the founders: only in the Netherlands Enterprise RegisterNominee founders: allowed
Company ShareholdersThe legislation on companies CV does not provide for the status of shareholders. div>
Company SecretaryThere are no requirements for the position of secretary.
Share capitalStandard declared capital - 1.000 EUR. This implies that the General Partner is liable for the obligations of the CV company with all its assets.
Company NameMust end with the abbreviation "CV". Registration of titles containing the words "Bank", "Insurance", etc., is allowed only with the appropriate licenses.
Information about the real owner of the companyInformation about the real owner is provided only to the registered agent and is confidential.
Annual ReturnA report (Annual Return) is submitted annually.
Financial StatementThe financial statement is submitted to the business register annually.
TaxationTaxation of CV companies with non-resident founders - 0%.
Double tax treatiesSince CV companies are not taxpayers in the Netherlands, they are not subject to the intergovernmental agreements concluded by this country.
The term of registration of a new company20-25 business days; The term of receipt of the full package of documents is 7-8 weeks.
Acceptance of third-party companies for servicing FIVECONSULTOnly in consultation with the previous service agent in the Netherlands.
Set of constituent documents of the companyAll the necessary documents for the work, including an apostilled set of documents and a general power of attorney.
"Ready-made" companiesWe are ready to register this type of companies for your order.
FIVECONSULT comments:Registering a CV in the Netherlands is a great opportunity to work with a real tax-free company from a prestigious European country. In this situation, the property or profit of a CV company without any tax charges may be reflected in its annual financial statements, the provision of which may be required, for example, for registering a subsidiary in another country or obtaining a bank loan.Since the same General Partner cannot be appointed in several CVs, together with any CV company, it is also required to purchase an own General Partner - an offshore company (Belize, Panama, etc.). Only a company with directors of FIVECONSULT can act as a General Partner, since it is the General Partner that will promptly sign annual reports, tax returns and other company documentation.