Netherlands · Investment vehicles

Choose and set up the right Dutch vehicle for your investors

The Netherlands has a vehicle for most investments: a B.V. for your own group, a CV for a private equity fund, an FGR for pooled portfolios, a STAK to keep a family business in one hand. Answer four questions and see which one fits. We set it up and coordinate the managers it needs.

Takes one minute. Free first consultation.

Investment vehicles at a glance
VehiclesB.V., CV, FGR, Coöperatie, STAK
Set-up1–3 weeks for most vehicles
Fund regulatorAFM, licence or light registration
InvestorsFrom one family to institutions
QuoteFixed, within one business day
Vehicle finder

Which Dutch vehicle fits your investors?

Four questions. The best match appears below, and the comparison table further down highlights it.

1. Whose money goes in?

2. What will it invest in?

3. Do investors need a regulated product?

4. When do you need it?

A first orientation, not legal or tax advice. We confirm the vehicle on a call before anything is set up.

Compare

Six vehicles side by side

Every Dutch corporate vehicle and foundation is set up by a civil-law notary and registered with the KVK. We include the Luxembourg fund because many international investors expect one.

VehicleWhat it isTaxSupervisionCapitalLaunch
B.V.Private limited company19% / 25.8%, with exempt dividends and gains from 5% stakesNot supervised, unless it is a fundEUR 0.011–3 weeks
CVLimited partnership (general and limited partners)Tax-transparent for Dutch tax since 2025AFM licence or registration if it is a fundNone1–3 weeks
FGRContractual fund; a foundation holds the assetsTransparent, unless a regulated fund with freely tradable unitsAFM licence or registration if it is a fundNoneWeeks
CoöperatieMembers' association, liability can be excluded (U.A.)Taxed as a company; 15% withholding on payouts only if it is mainly a holdingNot supervisedNone1–3 weeks
STAKFoundation that holds shares and issues depositary receiptsReceipt holders are usually treated as the shareholdersNot supervisedNone1–3 weeks
Luxembourg fundSCSp or RAIF for international fund investorsTransparent, or 0.01% subscription taxThrough an authorised AIFMEUR 1.25m for a RAIFWeeks to months
New since 2025

The Dutch partnership rules changed. Old structures need a check

Since 1 January 2025 every Dutch CV is tax-transparent, and an FGR is taxed as an entity only if it is a regulated fund whose units can be freely traded. Structures built on the old open CV or open FGR may now be taxed differently than planned.

We review existing CVs and FGRs and set up new ones under the current rules, with the AFM position checked at the same time.

What we set up

Pick your vehicle and start today

Holding or deal B.V.

For your own group or a single deal.

CV partnership

For private equity, venture and club deals.

STAK for your family

Keep control in one hand while sharing the economics.

Luxembourg fund

When investors expect a RAIF or SCSp.

How it works

From idea to a vehicle that can take money

1Day 1

Describe the investment

Who invests, in what, and how much.

2Days 1–5

Vehicle and quote

We confirm the vehicle and send a fixed quote.

3Weeks 1–3

Set-up

Notary, KVK and tax registration, and for funds the AFM position.

4Launch day

Launch

Bank accounts open and investors can subscribe.

FAQ

Investment vehicle questions

How much does a Dutch investment vehicle cost?+

A B.V., CV or STAK costs far less to set up and run than a regulated fund, which also needs a licensed manager and a depositary. We send a fixed quote for our part after a short call.

Is a Dutch CV still tax-transparent?+

Yes. Since 1 January 2025 every Dutch CV is transparent for Dutch tax, so its partners are taxed on their share of the income. The open CV no longer exists.

When is an FGR taxed as a company?+

Only when it is a regulated investment fund whose units can be freely traded or redeemed. Other FGRs are transparent since 2025.

Do we need an AFM licence?+

If the vehicle is an investment fund offered to investors, the manager needs an AFM licence, or a light registration below the AIFMD thresholds. We coordinate licensed managers; we are not one.

What is a STAK used for?+

A STAK holds the shares and gives the family or employees depositary receipts. They receive the dividends, while the STAK board keeps the votes.