Start a Cryptocurrency Business in the Netherlands
Start a Cryptocurrency Business in the Netherlands
Are you ready to get into the cryptocurrency business in the Netherlands?
The Netherlands is one of the most forward-thinking countries in the world when it comes to the trading, exchange, and implementation of cryptocurrency, and is often seen as the ‘crypto hub’ of Europe. In fact, the city of Arnhem is known as ‘Bitcoin City’ due to its reputation as one of the most cryptocurrency-friendly cities in the world, and a model for other cities across the Netherlands and Europe, to implement cryptocurrency effective strategies.
What’s more, the innovative tech industry and progressive financial sector have created a strong fintech sector which, in part, is driving the push for cryptocurrency in the country. This makes the Netherlands the perfect place to start a Dutch company and invest in this fast-growing cryptocurrency market.
INCO’s consultants are experts in business development in the Netherlands and they can help you to start a Dutch business to identify specific opportunities in the cryptocurrency sector and how to take advantage of these opportunities. Call one of our consultants now!
The cryptocurrency business environment
While the Netherlands is seen as the ‘crypto hub’ of Europe, trading and exchange of cryptocurrency is not formally regulated by the country’s financial authorities such as the Netherlands Authority for Financial Markets (AFM). However, in an effort to make the country ready for a digital future, the government has set up strategies and programs to investigate the cryptocurrency sector and how to best regulate it.
Currently, cryptocurrency is not deemed to be the same as virtual money, and therefore a cryptocurrency business is considered a technology business and not a financial business. This makes it much easier to start a Dutch business in cryptocurrency.
How do I set up a cryptocurrency company in the Netherlands
The first thing you have to do when starting a Dutch business is to register a Dutch company with the Dutch Trade Register, which must include the mandatory NACE (Nomenclature of Economic Activities) number. For cryptocurrency businesses, the numbers are as follows (depending on the type of operation):
Section J; Division 62, 63; Group 62.0; Class 62.01 - 62.09.
Once you have registered your Dutch cryptocurrency company, you have to apply for a tax number.
Depending on the scope of your business, you may need to apply for certain licenses to operate.
Our company formation agents know how to set up a cryptocurrency company in the Netherlands quickly and stress-free. Call us now to discuss how we can help you!
Why choose INCO to help you to start a cryptocurrency business in the Netherlands?
INCO has helped lots of people to set up a cryptocurrency business in the Netherlands.
Our agents have solid experience with incorporating a company, including starting a Dutch BV, and they are well acquainted with the formalities of starting a cryptocurrency business in the Netherlands.
We can connect you to the relevant authorities and regulatory bodies and provide you with business development services.
An INCO agent can help you to draw up an effective business plan so you can start a Dutch company and start reaping the rewards of the business as soon as possible.
INCO can help you to secure funding for your cryptocurrency business.
Because INCO is a Dutch company, we know the Dutch cryptocurrency market well and we can guide you to set up a business, such as a Dutch BV in the Netherlands quickly and without hassle. This makes us the best local business partner for your business in the Netherlands.
When you start a business in the Netherlands, you are going to need skilled and experienced staff. We can connect you to top recruitment agencies to ensure that you get the best talent for your business.
We are the perfect local business partners for your business. Call now!
Frequently asked questions:
1) Do I require a license to operate a cryptocurrency business in the Netherlands?
No, although this might change in future due to the Dutch government’s move towards regulation of the industry. Call us to find out more.
2) Why is The Netherlands such a good place to start a cryptocurrency business?
Highly developed tech sector.
Internationally connected Banking Industry.
The Dutch government actively encourages the growth of the tech industry in the country and has many initiatives and incentives in place to make it more attractive for investors and skilled workers.
Highly educated and skilled and experienced technology professionals.
A moderately competitive market that allows small to medium businesses to thrive.
The Netherlands has a very stable and resilient business environment.
Attractive tax rates that draw a lot of investors to the technology market.
Dutch lawmakers see cryptocurrency as important to get the country ready for the future.
3) How long does it take to start a cryptocurrency company in the Netherlands?
Starting a Dutch company usually takes between 2-5 days. Call us to find out more.
4) Can I start a cryptocurrency business in the Netherlands as a non-Dutch or EU citizen?
Yes. The Dutch government allows foreigners to start a Dutch company or bring their existing business from abroad. However, certain legal conditions apply.
5) Are you thrilled to start a cryptocurrency business in the Netherlands, but you are unsure whether the market is the right one?
Or if you are considering other EU countries like Iceland or Germany, feel free to schedule a free consultation with one of our Dutch business development agents to discuss why the cryptocurrency sector in the Netherlands is the perfect place to start a Dutch company.
We can help you determine your business proposition, as well as the services you aim to provide and give input and expert guidance on how to present this to the Dutch market.
YOUR BUSINESS TOOLKIT
FREE ACCESS TO ALL THE THINGS YOU NEED TO KNOW
Our experts have combined their knowledge and strengths to create a tool we call the Business Toolkit.
The Business Toolkit will help you and entrepreneurs from around the globe to truly understand the Dutch market, regulations and laws. And will enable you to take a deep-dive the many business-related topics.
Make sure to check out our handy checklists, explainer video's and extensively written Whitepapers too!