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Doing Business in the Netherlands 2012 - American Chamber of ...

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<strong>Do<strong>in</strong>g</strong> <strong>Bus<strong>in</strong>ess</strong> <strong>in</strong> <strong>the</strong> Ne<strong>the</strong>rlands <strong>2012</strong><br />

which <strong>the</strong> company is registered and <strong>the</strong> details <strong>of</strong> <strong>the</strong> sole shareholder<br />

(if applicable) with <strong>the</strong> Trade Register <strong>of</strong> <strong>the</strong> <strong>Chamber</strong> <strong>of</strong> Commerce<br />

<strong>in</strong> <strong>the</strong> Ne<strong>the</strong>rlands. Fur<strong>the</strong>rmore, formal foreign companies must file<br />

<strong>the</strong>ir annual accounts with <strong>the</strong> Trade Register <strong>of</strong> <strong>the</strong> <strong>Chamber</strong> <strong>of</strong><br />

Commerce as well as an audit statement confirm<strong>in</strong>g that <strong>the</strong>ir issued<br />

and paid-up share capital and its total equity position is at least equal<br />

to EUR18,000. Companies which are subject to <strong>the</strong> laws <strong>of</strong> <strong>the</strong><br />

European Economic Area party, however, are exempted from most<br />

provisions <strong>of</strong> <strong>the</strong> FFCA.<br />

Baker & McKenzie 29

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