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EXONN ADVISORY

Process

What builds up in your file while a BV is formed?

Six steps, one file. As you scroll, the file sheet fills up with you: which document lands in your hands when, what you do, what we do. Most of the process runs from Türkiye by power of attorney.

Step 01 From Türkiye · online

Intro call and roadmap

In a free 15-minute call we listen to what you want to do, your current structure in Türkiye and your timeline. At the end of the call we draw up a short roadmap showing which steps you need and in what order.

You

  • You explain your goal and timeline
  • You share the shareholder structure and the activity

Exonn

  • Determines which steps are required
  • Delivers the roadmap and the scope in writing

Added to the file Roadmap

Step 02 From Türkiye · online

Structure analysis: a BV, or a holding plus BV?

A single BV, an operating BV under a holding, or should your Turkish company be the shareholder? We compare the options for tax, liability and a future sale of shares; in the Launch and Structure packages this comes as a written report.

You

  • You provide the details of the Turkish company and the partners
  • You read the report and we choose the structure together

Exonn

  • Compares the options and substantiates its advice
  • Prepares the structure analysis report

Added to the file Structure analysis report

Step 03 In Türkiye

Document preparation: apostille and sworn translation

The notary and the KVK require documents in a specific form: apostilled, sworn-translated and recent. We close the document list together at this step; a missing or incorrectly formatted document is the most common cause of delay.

You

  • You obtain your passport copy, proof of address and, if any, Turkish company documents
  • You apply for the apostille at the competent authority (we guide you)

Exonn

  • Prepares the document checklist and checks every document
  • Arranges the sworn translation and the UBO details

Added to the file Apostilled and translated documents

Step 04 From Türkiye · by power of attorney

Notary: the deed of incorporation, signed by power of attorney

A Dutch civil-law notary prepares the deed of incorporation (oprichtingsakte) and the articles. In most cases you do not need to travel: the deed is signed on your behalf under a power of attorney executed in Türkiye.

You

  • You approve the draft deed
  • You sign the power of attorney at a Turkish notary and have it apostilled

Exonn

  • Handles the correspondence with the notary and reviews the draft for you
  • Coordinates the wording of the power of attorney and the identity check

Added to the file Deed of incorporation

Step 05 The Netherlands · on your behalf

KVK registration, UBO registration and tax numbers

Once the deed is signed, the notary registers the company with the KVK (trade register) and the ultimate beneficial owner (UBO) is registered. The details go to the Belastingdienst automatically; the VAT id and the corporate income tax number arrive by post.

You

  • You share the letters you receive with us
  • If the Belastingdienst asks for more information, we answer together

Exonn

  • Follows up the KVK and UBO registrations
  • Checks the tax registrations and notes the filing periods

Added to the file KVK numberUBO registrationVAT id

Step 06 The Netherlands · remote, depending on the bank

Bank account and handover

With the KVK registration and the VAT id, the bank application is filed; banks ask foreign-owned companies for extra documents and explanations. Once the account is open we hand over the formation file as one package and walk you through what comes next in an orientation call.

You

  • You attend the bank interview and provide the requested documents
  • You bring your questions to the orientation call

Exonn

  • Prepares the bank file and supports you through the process
  • Hands over the formation file and plans the next steps

Added to the file Bank accountHandover file

Processing times at the notary, the KVK and the Belastingdienst vary by period; the decision on a bank account rests with the bank. In the roadmap we clarify each of these for your situation.

Next step

What would your file look like?

In a free 15-minute intro call we work out together which steps apply to you; you receive the roadmap in writing.

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