Great Britain is heading towards a difficult place. If you want to trade, or continue to trade, with the European Union, it will almost certainly be beneficial to open a company in the Netherlands. Of course, no one knows what the results of the Brexit negotiations is going to be, or when we will find out, but it seems near impossible that it will make trading across borders easier. Consider a company that exports British products, maybe cheddar cheese, Scottish kilts or some nice biscuits. If they continue to be based solely in the British Isles they can fully expect to pay increased taxes and tariffs after Britain leaves the European Union. Yet if the owners open a company in the Netherlands, the entire European Union market is available to sell the products. Even before Brexit, if you open a company in the Netherlands you get to enjoy:
- Much lower taxation;
- Excellent logistics;
- Well-organised financial systems;
- Low levels of regulation;
- A highly-skilled and plentiful workforce.
All of these, with the possible exception of the levels of taxation, are likely to worsen significantly in the coming months and years after Great Britain separates from its largest trading partner. If you open a company in the Netherlands, you can expect no such problems. In fact, the Dutch government is exceptionally keen that people open a company in the Netherlands and it is entirely possible that they will continue to make conditions even more favourable in the near future.
How to open a company in the Netherlands
It is possible to open a company in the Netherlands from outside of the country. There are specific requirements, all of which can be met from abroad, but some are easier than others. For example, as long as you are able to read Dutch or there is someone who can help you, registering by the Kamer van Koophandel, the Dutch version of the Chamber of Commerce, is as easy as you could hope. Other requirements to open a company in the Netherlands are tricker, such as opening a Dutch bank account as a non-resident. The banking system in the Netherlands is excellent, and I am convinced that the same process would be much tricker in almost any other country, but it is still relatively complicated and time-consuming. All of the problems and difficulties can be easily solved, however, simply by getting experts to help. There are companies that specialise in precisely this process and who are able to do the work involved in a fraction of the time that it would otherwise cost. We particularly recommend an Amsterdam and Rotterdam based company called Intercompany Solutions. They have many years of experience and know the system better than anyone. Their contact information can be found on www.intercompanysolutions.com, and they are ready and able to help in all sorts of different situations.
If you choose to wait it out and see what Brexit brings
There is always a chance that everything will be alright, that Britain and the European Union will come to an agreement and that business will continue as usual. There is also a chance that the cost of doing business with continental customers or clients could skyrocket overnight. We do not recommend that you take the risk. If you open a company in the Netherlands you have an extra guarantee that your business can continue through 2019 and into the coming years unaffected by the whims of the Great British voting public and their politicians. After all, even without Brexit it makes sound business sense.