Start-ups

Just about to start your own business? Congratulations! The high-tech Eindhoven region is home to plenty of companies that prove just how far a start-up can go.

No doubt you will already have thought about what it takes to start your own business and what arrangements you need to make. There are decisions to make: what legal form will your business take, for instance, and how will it be financed? Whatever you decide, there will be a range of tax and other implications. Schäfer Notarissen will be happy to help you select the most prudent option. We’re here for you.

Choosing the right legal form
The first step is to choose the right legal form for your company. Will you be managing it on your own? Or will a partner, family member or friend be involved? Whether a bv (private limited company), a vof (general partnership), an association or a foundation is the right form will depend on the specific situation. The legal form of a business is important in terms of legal liability and also affects your tax liabilities.

Degree of liability
There are significant differences between a private limited company and a general partnership, especially in terms of legal liability. If you are starting a business on your own or with others, you will be liable for all the company’s debts. In the case of a legal entity such as a private limited company, you are not personally responsible.