Netherlands CV

[Marzio]

Hey,

lately i was interested in discovering more about Dutch Commanditaire Vennootschap.

I've read on Dutch government site that if all managing partners are foreign you will only have to file your annual accounts with the Netherlands Chamber of Commerce.

Does NL banks open accounts for a CV's ecommerce with foreign managing partners?

The advantages of using CV instead of LLP are:

- lower stripe commission for EU cards
- no PayPal conversion fees when withdrawing EUR

Does anyone have direct experience with CV's?

 

[Martin Everson]

Problem is the Dutch C.V will not be tax resident in Netherlands⁠ so you can work out the problem there. You would also not get any access⁤ to DTA's.

I would be surprised if any did for non-residents but⁢ worth a try. I know my Swiss bank opened accounts for these entities but as︀ of today probably not without a good reason.

I don't. But Mossack Fonseca back in day offered my︂ old company fact sheets on how to sell this to our clients if I can︃ remember.

 

[Sols]

In general, no, they do not entertain applications where the majority of‍ business or directors are located outside of Netherlands.

I assume you mean UK LLP? Cyprus has⁤ LLP which is similar (but not identical) to UK LLP. Might be worth looking into.⁣

Rarely come across⁢ CVs. The ones that come to mind have been parts in large, complex structures or︀ locals. If we're only focusing on businesses run by or mostly by non-resident, most EU/EEA︁ partnerships (LP, GP, LLP) I see since Brexit have been incorporated in Ireland, Malta, or︂ Cyprus.

That's not to say CV couldn't work in your case. If you go down︃ that path, would be interesting to hear more about how it goes.