The most popular limited liability company in the Netherlands is the “Besloten vennootschap met beperkte aansprakelijkheid”, usually abbreviated as “B.V.”. Below a brief summary on how to establish and incorporate a B.V.
In the meantime it is possible to assume contractual rights and obligations on behalf of a B.V. in formation. Unless otherwise stipulated, the person acting on behalf of the B.V. in formation, will be liable towards the contracting third party for the obligations entered into, until the same are ratified by the B.V. upon incorporation.
Immediately following the incorporation, the B.V. must be registered with the Commercial Register (of the Chamber of Commerce) in the Netherlands. If the B.V. has only one shareholder, this fact and the identity of the shareholder will be mentioned on the extract of the company’s registration details, which is publicly available.