Netherlands Antilles Limited Liability Company - N.V.
General Information
Type of Company – Limited Liablity Companies – Naamloze Vennootschap (N.V.).
Legislation - Commercial Code of the Netherlands Antilles, Article 33-155.
Company name - A company name must end with ‘N.V.’ or Naamloze Vennootschap or suffixes with Limited, Ltd, Inc or SA. Name check through the Chamber of Commerce is necessary.
Time-scale for incorporation - 2 to 3 weeks for a Ready-Made company, otherwise over 12 weeks due to a Statement of Non Objection issued by the Ministry of Justice. Thereafter a Business Licence is issued.
Disclosure of beneficial owners prior to incorporation is NOT required.
Double tax treaties - Access to the sophisticated Netherlands tax treaty network with agreements signed with over 60 countries.
Ready-made companies are available at a premium price.
Money laundering legislation is in existence.
Local Requirements
Registered Office and Registered Agent must be maintained.
Company Secretary NOT required but advisable. May be a natural person or corporate body in any country.
Public recording of shareholders and directors are NOT required, only if company has one shareholder.
Accounts are required to be prepared audited for public fling and to the Tax Authorities (except for small companies).
Corporate Requirements
Minimum number of shareholders - One (1). May be a natural person or a body corporate and can be of any nationality or residency.
Minimum number of directors - One (1). May be a natural person or a body corporate and can be of any nationality or residency. However, there must be at least one resident managing director.
Minimum capital requirement - Euro€9,000.
Standard Authorised Capital - Euro€45,000.
Bearer shares are allowed.
Corporate Directors are permitted
Annual Requirements
Annual return and annual statutory meetings are required.
Statutory accounting is required.
Annual licence fee - Euro€30
Taxation – Corporate tax range between 2.4% and 5.5% depending on the corporate structure and the use, if applicable, of the Netherlands double taxation treaty.
Dividends - Payments originating from the Netherlands must either be subject to a withholding tax of currently 7.5% or pay a higher rate of tax in the Netherlands Antilles.
