If you want to close your B.V., there are several things you need to take care of. Below you will find the official steps. However, The Bookie has outlined the steps for you if you are a client of The Bookie.
> What should I consider when deregistering my B.V.?
1. Check agreements with shareholders
Review the articles of association or shareholders' agreement to see what arrangements you have made with co-shareholders. (Tip: usually, that’s just yourself.)
2. Review the financial implications
Prepare a final balance sheet and settle all financial matters. Check your inventory, loans, lease agreements, liabilities, and contracts. The Bookie will handle this for you.
3. Review payout options
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Were you born before 1960 and is your B.V. no longer viable? Then you may be eligible for a payout under the Self-Employed Persons Assistance Decree (Bbz).
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Are you between 55 and the state pension age? Then you may be able to apply for the Income Provision for Older and Partially Disabled Self-Employed Persons (IOAZ). Apply for these benefits through your municipality before deregistering your B.V. with the Chamber of Commerce (KVK).
4. Dismiss employees
Do you have employees? Then apply for a dismissal permit and arrange a social plan. Inform the tax authorities about the dismissal. Usually, as a Director-Owner (DGA), you are the employee yourself, and you can approve your own dismissal ;) You do not need to deregister with the UWV, as you are not covered by employee insurance.
5. Inform your clients
Let your clients and suppliers know that you are closing your B.V.
6. Dissolve your B.V.
The General Meeting of Shareholders must officially decide to dissolve the B.V. In most cases with The Bookie, you are the sole shareholder. However, this decision must be documented in writing and signed. This decision takes effect from the agreed date. The Chamber of Commerce (KVK) will notify the tax authorities of the closure.
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Does your B.V. have no assets?
You can proceed directly to the next steps. -
Does your B.V. have assets?
First, distribute the assets and settle everything with the tax authorities. This will be done in consultation with The Bookie.
7. Settle your VAT (sales tax)
After deregistering your B.V., you will receive a letter from the tax authorities for a final VAT return. Only after this return will you receive the official confirmation of deregistration for VAT purposes.
8. Settle your corporate tax (vpb)
You will receive a letter from the tax authorities with instructions to close your tax matters. ALWAYS share this letter with The Bookie by email. This means that you will also need to file a final corporate tax return after the fiscal year ends.
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Director-Major Shareholder (DGA):
If you receive a salary, you must pay income tax on it.
9. Keep your administration
Keep your administration for at least 7 years (sometimes 10 years, depending on the type of records). This can be stored digitally. Appoint a custodian for the records, usually the liquidator, and register this person with the Chamber of Commerce.
- Check annual financial statements:
Ensure that all annual financial statements are approved and published. You must do this with the Chamber of Commerce (KVK). If we prepare your financial statements and file your corporate tax return, we will also file the annual financial statement. You do not need to prepare a financial statement for the year of dissolution.