Establish a Fintech Company in the Netherlands

Establish a Fintech Company in the Netherlands

Establish a Fintech Company in the Netherlands

Are you ready to start a fintech company in the Netherlands?

Aside from a fast-growing economy, the Netherlands has become a hotspot for innovation in many industries, especially in the tech world, where the country is known as ‘The Silicone Valley of Europe’. This is evident by companies such as Google and Microsoft calling the Netherlands their home away from home. 

The result of this combination of innovation with a forward-thinking finance sector is a burgeoning fintech industry with massive investment potential.

Some of the major opportunities in the Dutch fintech sector include:

  • Payment services & solutions

  • Cryptocurrency

  • Blockchain solutions

Want to get in on the action? We are experts in Dutch company formation in the fintech sector, and we can offer you great advice about setting up a fintech business in the Netherlands. Call us now!

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Finance or Tech?

The fintech industry is a blend of finance and technology and in the Netherlands, you can choose which type of company you would like to set up a finance company, or a tech company. The main difference between the two is that finance companies need to go through an authorization process with the Netherlands Authority for Financial Markets (AFM), to obtain special licenses, while a tech company specializing in creating fintech applications, do not need any of these kinds of licenses. There are also differences between how these types of companies are set up.

How do I set up a fintech 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 fintech businesses, the numbers depend on whether you register as a finance or tech company. If you choose to start a finance company, the numbers are as follows (depending on the type of operation):
    Section K; Division 64 - 66; Group 64.1 - 64.9, 65.1 - 65.3, 66.1 - 66.3; Class 64.11 - 64.99, 65.11 - 65.30, 66.11 - 66.30.

  • Subsequently, you must submit an application, along with a business plan to the AFM.

  • When the AFM or DNB have approved your business plan, you need to submit the following documents:

  • Application for a license fo the specific financial activity you would like to do business in.

  • Application for authorization to do business in the Netherlands.

  • Where applicable, an application for authorization to act as a payment institution.

  • Declaration of No Objection.

  • If you prefer to start a tech company, then the following numbers and procedures apply:
    Section J; Division 61 - 63; Group 61.1 - 61.9, 62.0, 63.1, 63.9; Class 61.10 - 61.90, 62.01 - 62.09, 63.11, 63.12, 63.99.

  • Once you have registered your Dutch fintech 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.

It can be tricky to determine which option is best to start a dutch business in the fintech industry. Our company formation agents know all the advantages or different company types, the regulations and relevant licenses, when you need them, and how to obtain them quickly and easily. Call an INCO agent now!

Why choose INCO to help you to start a fintech business in the Netherlands?

  • INCO has helped scores of people to set up a fintech business in the Netherlands.

  • Our agents at INCO have lots of experience with the process of incorporating a company, including starting a Dutch BV, and they know the formalities of starting a fintech business in the Netherlands.

  • An INCO consultant can connect you to the relevant authorities and regulatory bodies and provide you with business development services.

  • We can help you to draw up a solid and effective business plan so you can start a Dutch company and start operating as soon as possible (and to submit to the AFM or DNB if you choose to go the finance route).

  • INCO can help you to secure funding for your fintech business.

  • Because INCO is a Dutch company, we know the Dutch fintech market well and can guide you to set up a business, such as a Dutch BV in the Netherlands in no time. 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 employees. We can connect you to top recruitment agencies to ensure that you get the best talent for your business.

We are the best business partners that you could ever want. Call now!

Frequently asked questions:

Do I require a license to operate a fintech business in the Netherlands?


Why is The Netherlands such a good place to start a fintech business?

  • Highly developed tech sector.

  • Internationally connected Banking Industry.

  • The Dutch Financial sector is logistically favorably positioned to service the entire EU.

  • Well educated population with high participation in the financial sector.

  • 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 finance and technology professionals.

  • A moderately competitive market that allows small to medium businesses to thrive.

  • The Netherlands has a very stable and resilient business environment.

  • Finance industry is closely monitored by the Dutch government to ensure the financial market stays fair and stable.

  • Attractive tax rates that draw a lot of investors to the Dutch financial and technology markets.

How long does it take to start a fintech company in the Netherlands?

Starting a Dutch company usually takes between 2-5 days, but since you may require licenses to run a fintech company in the Netherlands, it may take a bit longer. Call us to find out more.

Can I start a fintech 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.

Are you excited about starting a fintech business in the Netherlands, but you are not sure if the market is the right one for you? 

Or if you are considering other countries in the EU like Belgium or Switzerland, feel free to schedule a free consultation with one of our Dutch business development agents to discuss why the fintech 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.


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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.

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