Setting up a BV: step-by-step plan

Setting up a BV is an important step for many entrepreneurs. A BV offers advantages such as limited liability and tax benefits, but also involves costs and obligations.

Step 1: Preparation

Before you can start, you need to think about various matters:

• Company name (check availability at Chamber of Commerce)
• Business plan
• Financing
• Shareholders and distribution of shares

Step 2: Articles of association

The articles of association contain the rules for your BV. This must be drawn up by a civil-law notary. Important points are:

• Company purpose
• Share capital
• Management structure
• Decision-making procedures

Step 3: Notarial deed

The notary establishes the BV by means of a notarial deed. You need to bring identification and proof of deposit of share capital.

Step 4: Registration

After establishment, the BV must be registered with the Chamber of Commerce. You will then receive a Chamber of Commerce number and VAT identification number.

Costs

Setting up a BV involves various costs:

• Notary fees (approximately €500-1000)
• Chamber of Commerce registration (approximately €50)
• Minimum share capital (€0.01, but €1 is advisable)

Conclusion

Setting up a BV requires careful preparation. Let yourself be well advised to make the right choices from the start.