������Ƶ

A Formation Document is the official paperwork you need to legally start a business or organization in the Netherlands. It spells out essential details like your company's name, structure, address, and what your business aims to do. For Dutch companies, this usually means either a notarial deed (for BVs and NVs) or a registration document filed with the Chamber of Commerce (KVK).

Dutch law requires this document to include specific information about shareholders, directors, and starting capital. Once signed and registered, it becomes your company's legal foundation - proving your business exists and setting the basic rules for how it operates. Most entrepreneurs work with a notary to make sure everything meets Dutch legal requirements.

You need a Formation Document when starting any formal business entity in the Netherlands, especially before conducting official transactions or signing contracts. This critical step comes right at the beginning of your business journey - typically before opening a bank account, hiring employees, or signing office leases.

Dutch entrepreneurs most commonly need Formation Documents when registering a BV (private limited company) or NV (public limited company). The document becomes essential for tax registration, securing business loans, bringing on investors, or proving your company's legal status to partners and suppliers. Having it ready early prevents delays in business operations and ensures compliance with Dutch corporate law.

• Board Of Directors Resolution: The standard Formation Document used for establishing basic company governance and recording major decisions
• Board Resolution To Open Bank Account: Specialized version required by Dutch banks to establish financial accounts and authorize signatories
• Business Agreement Form: Comprehensive template for structuring complex business relationships and partnerships
• Board Resolution Change Of Directors: Specific variation used when modifying company leadership structure or board composition

• Company Founders: Initiate the Formation Document process and provide essential business details and intentions
• Dutch Notaries: Draft and authenticate the documents, ensuring compliance with local corporate law requirements
• Chamber of Commerce (KVK): Reviews and registers the Formation Document, making it officially valid
• Board Members: Sign and approve the document, taking on legal responsibilities for company governance
• Shareholders: Bound by the document's terms regarding ownership, voting rights, and profit distribution
• Legal Advisors: Guide the formation process and ensure all requirements are properly addressed

• Company Details: Gather legal business name, trading names, registered address, and business activities
• Ownership Structure: List all shareholders with their personal details and shareholding percentages
• Management Information: Compile details of directors, supervisory board members, and their roles
• Starting Capital: Document initial investment amounts and sources of funding
• Business Plan: Prepare a clear description of company objectives and operations
• Document Platform: Use our system to generate a legally-sound Formation Document that meets Dutch requirements
• Notary Appointment: Schedule a meeting with a Dutch notary for document authentication

• Company Identity: Full legal name, registered office address, and business purpose (statutaire doelomschrijving)
• Share Capital: Authorized and issued capital amounts, types of shares, and their nominal value
• Governance Structure: Board composition, appointment procedures, and decision-making processes
• Shareholder Rights: Voting procedures, profit distribution, and transfer restrictions
• Financial Year: Defined accounting period and annual reporting requirements
• Amendment Rules: Procedures for changing articles and dissolution provisions
• Notarial Declaration: Official statement confirming compliance with Dutch law requirements

A Formation Document and a Corporate Governance Document serve different but complementary purposes in Dutch business law. While both are crucial for business operations, they function at different stages and cover distinct aspects of company management.

• Timing and Purpose: Formation Documents are required at company creation, establishing its legal existence. Corporate Governance Documents come later, detailing ongoing operational rules
• Legal Scope: Formation Documents focus on fundamental structure and identity, while governance documents outline day-to-day management procedures
• Modification Process: Changing a Formation Document requires notarial intervention and KVK registration; governance documents can usually be updated through board decisions
• Content Focus: Formation Documents specify capital, shareholders, and basic structure. Governance documents detail board procedures, policies, and internal controls