How Much Does It Cost to Establish a Company in Germany and the Netherlands?
- MHRPartner
- Germany, Investment, The Netherlands
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With its strong and stable economy, Germany and the Netherlands are among the most preferred countries for entrepreneurs from all over the world to establish a company and invest. In this article, we address a striking issue that businessmen are most curious about: How much does it cost to start a company in Germany and the Netherlands? We answer all questions investors may have about the costs of setting up a company summarized in the table.
The Main Costs to Start a Company in Germany and the Netherlands
The cost of starting a company in Germany and the Netherlands varies depending on the type of company you are forming. It also depends on the location of your business. We outline all costs for starting a limited liability company (GMBH) in Germany and a private limited company (BV) in the Netherlands.
Reading Advice
For in-depth information about Dutch business culture, review our in-depth article!
Comparative Table: Company Formation Costs in Germany and the Netherlands
Topic Tittle | The Netherlands | Germany |
How long does it take to set up a company? | 1 Month | 1 Month |
How long to open a company bank account? | 2 Weeks | 2 Weeks |
Required paid-up capital (for Limited Company) | 1 Euro | 25.000 EUR |
Is a lease agreement required before incorporation? | Then required | Yes |
| ||
Legal considerations | ||
Is a resident manager required? | No | No |
Is a resident shareholder required? | No | No |
Minimum number of directors | 1 | 1 |
Minimum number of shareholders | 1 | 1 |
Is a resident company secretary required? | No | No |
Permitted company director | Yes | Yes |
Public register of shareholders and directors | Yes | Yes |
Points to be considered about tax and accounting
| ||
Corporate tax rate | 15% | %30 |
How long does it take to get a work permit approved? | 1-2 month | 1 month |
Invoicing local customers is allowed | Yes | Yes |
Average monthly net salary of unskilled labour | 1.950 Euro | 2.200 Euro |
Office rental per square metre per month | 20 Euro | 12 Euro |
Warehouse rental per square metre per month | 30 Euro | 20 Euro |
Accounting Fee | 100 Euro | 100 Euro |
Estimated Costs | ||
Consultants participation fees | 1.000 Euro | 1.000 Euro |
Company secretary and legal registered office fees | 300 – 500 Euro | 300 Euro |
Corporate bank account opening | 500 Euro | 500 Euro |
Notary Costs | 1.200 Euro | 1.000 Euro |
Total company involvement set-up costs | 2.500 Euro | 1.500 Euro |
Next Annual costs | 3.000 Euro | 3.000 Euro |
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Reading Advice
What are the types of companies in the Netherlands? What does it take to set up a company and open a branch in the Netherlands? Where should foreign entrepreneurs start setting up a company in the Netherlands? Do a deep reading for the answers to all these questions!
What Can We Do For You?
As MHR & Partners, we are directly and indirectly active in more than 20 countries worldwide. We aim to operate with 10 branches in 100 countries in 10 years. We offer you end-to-end consultancy and support services in establishing a company, obtaining a residence permit, and in all operational processes abroad, primarily financial issues.
Our priority is to provide consultancy services to companies with a growth vision and business strategy abroad. We attach particular importance to the uninterrupted continuation of our services with the assurance of MHR & Partners (Mühür YMM AŞ) after the company establishment stages. Our core mission is to be a safe harbor and provide sustainable services.
We want to be a bridge to our customers’ business plans for growth and development, even in the most remote parts of the world.
To establish a business in Turkey or Europe (Germany, The Netherlands, Belgium, UK, Romania, Bulgaria, Montenegro), you can contact Sworn-in Certified Public Accountant Mehmet Akif Özmen directly (+90 542 830 3408 or akif.ozmen@mhrpartner.com).
You might like to see these contents also:
- Striking Headlines for Those Who Want to Invest in the Netherlands
- Starting A Company in Germany
- Striking Headlines for Those Who Want to Invest in Turkey
- German Business Culture for Entrepreneurs or Employees
- Export Value-Added Tax (VAT) Refund Guide For Turkey
- Taxation of Dividend Transfers Between Companies Established in Turkey and Germany
- Turkish Business Culture for Investors or Workers in Turkey
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