What you can do with a Dutch BV
With a Dutch company, a founder can offer more to clients and partners. Payment providers accept a Dutch BV for all payment methods and pay out to the BV's account (payments in the EU). Large customers can sign with a contract party in the EU. You can also answer their questions on where data is stored (data residency in the EU). Online platforms check your company in a public register (the KVK extract). The notary sets up the BV usually within one week once all documents are complete (remote incorporation).
Preparing the banking file
Plan the bank account early: see what Dutch banks check for a business account and which documents you need.
Banks check applications from emerging markets closely. They accept a file when the documents are good. Send a clear ownership chart and a plain record of where the money came from and where it went. Add a document for each step. See the bank onboarding file and source-of-funds answers for banks. Founders who send the complete file early often have an account within days. A digital bank is a practical choice for the first account. See opening a digital business account.
Is your group setting up a Dutch entity? See setting up a Dutch subsidiary for what you need, how long it takes and what the parent company must sign.
Options for founders
Founders who relocate to the Netherlands can have their own BV sponsor them as a knowledge migrant (the knowledge-migrant permit). Founders at the idea stage can also look at the startup visa (the startup visas compared). The usual startup setup also applies: a holding structure, a lower founder salary and the WBSO tax credit for development work. See the holding structure for startups and the founder salary.