Stichting - Foundation

Stichting - Foundation

Stichting - Foundation

The stichting, or foundation, is a business form that is most often used for social, cultural or non-profit organisations. The main aim is to benefit the stichting’s cause or purpose, rather than turn a profit for the founders. A stichting can be set up by an individual or a group, requires a deed drafted by a notary and must be registered with the KvK.

The structure of a stichting

Unlike other business forms, the board of directors may not be in paid employment by the stichting. A stichting can choose to operate as a commercial business (employing labour to generate profit via commercial activities and transactions), in which case it will need to pay corporation tax and BTW. If a stitching does not operate as a commercial business then it is usually exempt from these tax forms. Whatever the case, any profits must be allocated to the cause of the stichting.

The stichting in a nutshell

  • Establishment: notarial deed of incorporation
  • Capital required: none, notarial costs
  • Governance: board of directors
  • Liability: board of directors in cases of negligence
  • Social security: no social security benefits as the board is not in paid employment
  • Taxation: corporation tax and BTW if operating as a business

Read also

  • Business structures

    Business structures

    Want to start your business? Info about Dutch business structures including Eenmanszaak, Maatschap, VOF, CV, BV, NV, Stichting, Vereniging and Coöperatie.
    read more
  • Lawyers & Legal services

    Lawyers & Legal services

    In need of legal advice or services in English? Here is a list of expat-friendly Dutch and international law firms, lawyers and advisors in the Netherlands.
    read more
  • Dutch tax services & advisors

    Dutch tax services & advisors

    Looking for taxation advice and services in the Netherlands? Check out our list of Dutch tax advisors, consultants, accountants and tax services for expats.
    read more
  • Becoming an entrepreneur in the Netherlands

    Becoming an entrepreneur in the Netherlands

    Becoming an expat entrepreneur in the Netherlands is easy due to the local startup climate. See how to start your own business!
    read more
  • Company formation in the Netherlands

    Company formation in the Netherlands

    Here are company formation specialists for entrepreneurs starting a new company or experienced professionals expanding their business in the Netherlands!
    read more
  • Coworking, Office Spaces & Workspaces in the Netherlands

    Coworking, Office Spaces & Workspaces in the Netherlands

    Coworking, office spaces and workspaces with flexible memberships for freelancers and startups.
    read more
  • Dutch Chamber of Commerce (KvK)

    Dutch Chamber of Commerce (KvK)

    Information and contact details of KvK (Dutch Chamber of Commerce, or Kamer van Koophandel).
    read more
  • Official issues

    Official issues

    There are some issues expats in the Netherlands need to deal with e.g. permits, visas, citizenship, passport, registration, BSN, DigiD, banking and more.
    read more
  • Working in the Netherlands

    Working in the Netherlands

    Starting your own business? Here's what you need to know about the working environment in the Netherlands.
    read more