Simple dissolution without notary intervention

What is a Savings BV?

A Spaar BV, also known as a Spaargeld BV, Vermogens BV, Box 3 BV or Spaartaks BV, is a special legal form intended to manage savings. In this construction, you deposit part of your savings in the BV, making it the legal property of the BV. This has the advantage that the savings do not fall under the capital gains tax in box 3. Because you are a shareholder and often also a director of the BV, you retain control over the assets. This makes the Spaar BV attractive to people who are looking for tax optimization within the framework of the law.

Advantages and disadvantages of a Savings BV

Although a Spaar BV offers tax benefits, there are also obligations associated with it. For example, annual accounts must be drawn up annually and filed with the Chamber of Commerce. In addition, you are obliged to file a corporate income tax return, even if the BV does not carry out any activities. This entails costs and administrative burdens. When a Savings BV no longer serves a purpose, it may therefore be wise to dissolve it.

How can you dissolve a Savings BV?

The benefits of lifting

If your Spaar BV no longer has a function, it may be wise to terminate it. This prevents unnecessary costs and administrative obligations. There are several ways to dissolve a BV, including through a regular liquidation or a turbo liquidation.

What is a turbo liquidation of a Spaar BV?

Immediate termination: what is possible?

In the case of a turbo liquidation, the BV is dissolved immediately, without the need for an extensive dissolution procedure. However, this method is only allowed if the BV is completely empty, which means that there are no more assets (assets) and liabilities (debts). If there are still outstanding obligations, such as unpaid invoices or tax debts, a turbo liquidation can be reversed by a creditor.

Conditions for expedited liquidation

• Assets must have been settled: If there are still balances in the BV’s account, you must first withdraw them from the BV. This can be done through a capital distribution or dividend distribution. A capital reduction requires an amendment to the articles of association, for which you must go to a notary.
• No more debts: Any debts, such as an outstanding assessment from the tax authorities, must be paid in full before the BV can be dissolved.

Step-by-step plan: What do you need to arrange before you can dissolve a Spaar BV?

1. Check for assets: Make sure that all assets have been taken out of the BV and that this has been properly processed.
2. Pay outstanding debts: Make sure all financial obligations, such as invoices and tax debts, are met.
3. Close any ongoing contracts: Terminate any contracts or obligations that are still pending.
4. Draw up a closing balance sheet: This is an overview of the financial situation of the BV at the time of dissolution.
5. Submit the necessary documents: File the relevant documents with the Chamber of Commerce and ensure that you comply with the legal requirements.

What if you need help with the dissolution of a Spaar BV?

Professional guidance during liquidation

Terminating a BV can seem complex, especially if you are not familiar with the legal and administrative steps. Fortunately, you don’t have to do this alone. We specialize in the quick and correct dissolution of BVs, including Spaar BVs. Whether it concerns a turbo liquidation or a regular dissolution, we take care of the worries. Contact us today for more information and support.