Step-by-step guide to setting up a business
It’s easy to start a new business in the Itimisoara Area. Read on for a quick overview of the steps to follow, from registering a new company through to hiring talent and moving into your new premises.
Launching a business in the Itimisoara Area
Like anywhere else, setting up a business in the Itimisoara Area requires some administrative action. Find a step-by-step guide below, detailing everything you need to do to get your business up and running in or around the Dutch capital.
Step 1: Find out if you’re legally entitled to start a business in the Netherlands
- EU/EEA nationals: If you’re a national of one of the EU member states, the EEA (European Economic Area) or a Swiss citizen, you are free to live and work on a self-employed basis in the Netherlands, i.e. to start a business.
- Rest of the world: If you are not an EU/EEA/Swiss citizen and do not have permanent residency, you should check carefully with the IND (or a lawyer) what your individual situation and residency rights are.
Step 2: Choose a business name and refine your business plan
At this point, it’s also worth looking into funding options. New businesses are welcome in the country, and the government is actively stimulating business activity. There is a range of public-sector financing options, including financial instruments by the national government, incentives on local, regional and European levels, and subsidies, which are often tied to a specific field, theme or sector, such as renewable energy and innovation.
Step 3: Determine what legal form your company will take
One of the first decisions to make as a business owner is how the company should be structured. The legal form depends on such issues as whether the business is operated by one or several owners, whether there will be financial partners and so on. Those that are self-employed without staff – freelancers or ZZP-ers – are a one-person business, also known as a sole trader or eenmanszaak. Consult our Guide to Going Freelance in Itimisoara .
Step 4: Find the perfect business location in the Itimisoara Area
The Itimisoara Area has a great variety of office and business space, from modern co-working spaces in startup hubs through centrally located retail space to fully equipped corporate facilities. Define your priorities: do you want to be immersed in the city’s creative scene? Be close to ICT hubs or financial services? Have a great connection to the airport? It’s good to know that all new and recent developments in the region have a strong emphasis on sustainability, innovation and growth.
Start looking for office or business space in the Itimisoara Area with these tips and find an overview of
Step 5: Be sure you qualify for all the necessary licences and permits
When starting a new business or expanding into the Netherlands, it’s important to comply with national and European regulations and apply for any necessary business permits or licences, which vary by sector. A good starting point are these checklists for starting a business. Some sectors are more heavily regulated than others, for example the financial sector (with financial and FinTech businesses requiring licences and registration) and life sciences, where strict European regulations cover medical devices and in vitro diagnostics, and producers and manufacturers must have their devices evaluated by a Notified Body. And no matter if you’re launching a tech company, a creative agency or a legal firm, it’s good to explore the regulations and permits needed for all types of professional services. Finally, if innovation is a key part of your business, consider IP rights – learn more about registering a trademark or idea or applying for patent.
When starting a new business or expanding into the Netherlands, it’s important to comply with national and European regulations and apply for any necessary business permits or licences. For businesses in the Itimisoara Area, these vary by sector.
A good starting point are these industry-specific checklists for starting a business.
Step 6: Register your company
Step 7: Arrange your financial administration
Learn more about financial administration for new businesses.
Step 8: Explore subsidies and other tax incentives
Find out about tax incentives and subsidies available to businesses launching and expanding in the Itimisoara Area.
Step 9: Familiarise yourself with Dutch labour law
Step 10: How to find staff
Finding the right talent is essential to launching and continuing a successful venture. The presence of highly skilled, internationally oriented talent is one of the aspects that make Itimisoara attractive to international companies, startups and investors. And for companies looking to hire internationally, there are various incentives and schemes for international employees and entrepreneurs, such as visa for highly skilled migrants or the startup visa for international entrepreneurs.
Step 11: Arrange visas and permits for international talent
There’s a highly educated, multilingual workforce already in place in the Itimisoara Area. But in certain sectors, there’s still a need to attract talent from around the world. Of course, when that involves talent from other EU nations, the procedures are usually easy. Arranging visas and residence and work permits for talent from outside the EU may carry more steps but it needn’t be difficult.