An Essential Service For The Non-Resident Entrepreneur
When setting up a company in a new country, entrepreneurs face basic but fundamental challenges because of their inexperience and unfamiliarity with local Company and Tax law. At best these challenges can slow the business down, at worst they result in failures that have a serious negative impact on the success of the business.
At INCO we ensure that the businesses we help establish are ready to operate and grow smoothly. As part of our commitment to providing added value to clients, we offer a bespoke support to facilitate our clients to regulated trust offices to obtain Directorship Services that supports them in doing business in the Netherlands. The definition ‘nominee director’ can be misleading. Dutch trust offices typically do not facilitate the traditional ‘nominee services’ in which a director would simply be appointed to blindly follow the instructions on behalf of a beneficial owner(or even provide a general Power or Attorney).
This is not how Directorship services work nowadays. Instead, INCO facilitates in professional and independent directorship services, which are in compliance with Dutch regulatory requirements for trust Offices and tax purposes.
Dutch Trust service provides non-resident entrepreneurs an experienced local representative to ensure that they meet all mandatory compliance responsibilities, have an authorized representative to negotiate and sign necessary service agreements on their behalf, and have someone to assist with a range of administrative duties.
Using an official and licensed Dutch Directorship service, you’ll be free to concentrate on managing your core business priorities while the Dutch director manages the day-to-day tasks.
Why should you appoint a Dutch nominee director?
1. Meet Company Compliance Requirements
Certain legal structures require a formal ‘Secretary’ for the purposes of incorporation. By appointing one of our Dutch directors, businesses can satisfy these requirements without needing a local nominee director, and therefore keep full control of the business.
2. Dealing Directly With Government Authorities
Your Dutch Director can be authorized to deal directly with different government authorities. They can contact tax authorities to apply for a VAT number or social security number; deal with immigration authorities for visa applications and more.
Where required, (local) representatives (not per se a Director) can also be granted authority to deal with the local Chamber of Commerce on behalf of your business. This makes it incredibly simple to arrange for transfer of shares, changes in directors and other organizational changes. So if traveling to th