Dutch start-up visa: If you are thinking of starting a new business in the Netherlands, your best bet is to apply for a Dutch start-up visa. After all, the Netherlands has one of the most open economies on a global scale and among the best countries for technology and innovation. These factors are significant when starting or establishing your start-up venture in the Netherlands.
What’s more, it is home to excellent infrastructure, having the largest port in Europe and a competitive business climate, and a strong treaty network. Also, the tax system of the Netherlands is exceptionally well placed with several tax incentives to give birth to a steady stream of innovation and business activities. Many overseas workers find the Netherlands as an internationally oriented nation.
With the changing economic and political climate worldwide, only this country stands stable in the face of such flux all over the world. It says a lot about the strength and consistency of the economic fabric of the country and a promise of business beginnings for foreign business persons looking to start their business venture here.
The Dutch start-up visa is a residence permit for people not a part of the European Union (EU). These overseas persons are looking to start an innovative business. This visa shall be valid for a maximum time of 1 year. Within this year, you get the visa; you shall be expected to produce or introduce an innovative new product or service under the expert directions of an experienced facilitator.
The Dutch start-up visa scheme permits ambitious entrepreneurs from outside the EU, EEA, or Switzerland to apply for a temporary residence permit for the Netherlands. This shall give the entrepreneur a year to showcase their talent and innovative talent. It is mandatory to do business under an experienced facilitator who can help you launch a start-up into a fully expanded business. It is suitable for both the Dutch economy and the immigrant entrepreneur.
Eligibility requirements or conditions for the start-up visa
For successful evaluation, the IND takes consultation with the Netherlands Enterprise Agency (Rijksdienst voor Ondernemend Nederland, RVO). It is a sub-division of the Ministry of Economic Affairs and Climate Policy; for this to happen, you should be able to fulfill five requirements or conditions:
Condition 1: You should be working along with a reliable expert facilitator. This alliance should be established via a signed agreement between the start-up entrepreneur and the facilitator. This facilitator should have had a good experience guiding start-ups and being financially stable.
Condition 2: The product or service must be unique and innovative as The Netherlands Enterprise Agency will be reviewing whether your product or service is ‘innovative’ or not.
Condition 3: The start-up entrepreneur should expand the idea and implement it in their business. It must be in the form of a business plan details like the organization’s structure, the roles and tasks, legal documents, the personnel, and the purpose of the enterprise, among many others.
Condition 4: The facilitator and the start-up entrepreneur should be entered in the Commercial Register of the Chamber of Commerce. This entry states that the entrepreneur has a voice in the start-up.
Condition 5: The start-up entrepreneur should have ample funds to live and stay in the Netherlands, as they shall not rely on public funds.
This application fee should be paid at the time of submission. However, the residence permit can be collected from the IND office or one of the Expat Centers in the Netherlands.
|First application||€ 80|
|First application children between 6 and 12 years old||€ 40|
|First application children under six years old||€ 0|
|Extension due to circumstance beyond one’s control or humanitarian reasons||€ 0|
|Extension collective travel visa||€ 1|
Processing time for the Dutch start-up visa
After its submission, the start-up visa application can take up to a maximum of three months for the entire processing to take place.
At Abhinav Immigration, our team of Immigration Consultants guides you through every step of the Immigration process, right from the start to the completion of the procedure. For more information, you can write to us at [email protected], and our expert team of immigration visa consultants will get in touch with you to resolve your queries. You can even give us a ring on +91-8595338595 or directly interact with our Immigration Specialists through our Live Chat window.