Dutch BV Companies are limited liability firms which are incorporated by individuals with the sole intention of engaging in commercial transactions. What that means is that these firms have limited liability. The owners of the firms are thus not liable for any activity carried out by the form.

BVs are very useful vehicles for carrying out large operations worldwide since the shareholders are not liable to the various acts which might be committed by these units. Perhaps it is worth looking at the main features of these legal bodies. 

They Have a Perpetual Life

The death of the owner or owners does not translate into the end of the enterprise. The shareholders are bound to die. However, the enterprise can only cease from existing through the process of winding up 

Limited Liability 

The shareholders of the firm cannot take responsibility for the activities carried out by the firm. The firm conducts business under its name, and thus it is liable for all its activities. In case anything happens, the shareholders can only lose the amount of money they contributed as share capital to incorporate the firm. Furthermore, if the firm is indebted, the private proprieties of the owners cannot be used to settle the diets. 

Separate Legal Entity 

Once the firm has been registered, it becomes a legal person. Thus it can enter into contracts which are legally binding. In case of any conflicts, the firm can sue or be sued under its own. The firm has its separate bank accounts from those of the owners. It also has its telephone numbers, addresses, and logos. These features make it very difficult both in law and in the day to day operations. 

Management 

A board of directors manages a Dutch BV. These can be the owners who while acting in these capacities become employees of the firm. Also, the management can be outside parties who can be hired by the firm. They make crucial decisions about the firm and assist in the day to day activities of the enterprise. Still, the firm is liable for their actions. 

Owned by Shareholders 

Owners of a Dutch BV are known as shareholders. They contribute capital towards the establishment of the firm. This makes them enjoy the profits and also losses. 

The Registration Process 

In a bid of ensuring that doing business in the country becomes easy, the authorities have made this procedure to be easy. People intending to own a Dutch BV need to come up with a name and conduct a search with the authorities to confirm its availability. Once it is available, they are required to prepare the necessary documents such as the Articles of Association and apply for registration.

Once the firm is registered, they need to go ahead and register it with the tax authorities. When they are through with this, they need to peon a bank account where they can deposit the funds required to run their activities. After this, the can commence their business operations. 
 

However, we have classes of companies which require additional permits from other regulatory bodies. Some of them include: 
 

• Firms in the logistics industry 

• Entertainment joints 

• Enterprises dealing with imports and exports 

• Institutions intending to engage in employment services 

• Food joints and cosmetic shops

Intercompany Solutions are company agents in the Netherlands and helps investors and entrepreneurs set up and run a business.