NEWSROOM

Europe's technology scene has managed to become a favourite of startups with the developments it has experienced in recent years. The data for the first quarter also revealed the entrepreneur-friendly countries and cities of Europe. According to the report, the United Kingdom, France, Germany and the Netherlands were ranked as the countries offering the most favourable environment for entrepreneurs in Europe in the first quarter. Especially in the Netherlands, startups in Turkey can complete the establishment of a company within 10 days and open a commercial bank account within 1 month.

TURKEY - European countries, which have increased university and private sector co-operation, provided facilities for foreign direct investors and encouraged entrepreneurship in the last 20 years, have managed to stand out in the global startup ecosystem. Even in a period when global venture capitalists were cautious due to macro conditions, European startups received $14 billion in investments in the first quarter of the year. Dealroom's data for the first quarter of the year revealed that the most entrepreneur-friendly countries in Europe are the United Kingdom, France, Germany and the Netherlands. 

Sharing his evaluations on the subject, Yavuz Selim Yaşar, Business Development Manager of Unusual Companies, said, "Europe is a continent where Turkish entrepreneurs targeting international markets can easily access and invest and become companies. Especially for entrepreneurs who are members of the European Union, more moderate in terms of regulation and stable in terms of political atmosphere, the Netherlands stands out."

Investments in startups in the Netherlands increased by 160

The Dealroom report showed that the total amount of investment received by early- or late-stage startups based in the Netherlands during the three months reached $1.5 billion. Although the Netherlands lags behind the UK, France and Germany in terms of investment amount, the annual increase in venture capital investments, especially in Dutch-based startups, revealed the region's growing popularity for entrepreneurs around the world. Emphasising that Netherlands-based startups received more than $825 million in investments in the first quarter of 2024, Yavuz Selim Yaşar said, "The amount of investment indicates a 160% increase on an annual basis. This reveals the growing popularity of the Dutch entrepreneurship ecosystem.  The most important factor behind this trend is the moderate and encouraging attitude of the Dutch government towards entrepreneurs from all over the world. Foreign entrepreneurs are encouraged to invest directly in the country with benefits such as residence permit and later Dutch citizenship." 

Company establishment is completed within 10 days, commercial bank account is opened within 1 month

Emphasising that Unusual Companies, which specialises in company establishment in the Netherlands and Dutch startup visa consultancy, supports entrepreneurs in Turkey at every step to implement their business ideas in one of Europe's most powerful markets, Yavuz Selim Yaşar said, "Unusual Companies, which completes each of the steps of Dutch company establishment such as obtaining a Dutch KvK number, legal business address in the Netherlands, UBO declaration in 10 business days, offers consultancy services at every stage, from strategic business plan writing to facilitator determination, from application process to market entry strategy, to those who want to apply for a startup visa. With the privileged agreements we have on opening a commercial bank account in the Netherlands, which is the biggest problem of entrepreneurs, we enable entrepreneurs to open online commercial bank accounts within 1 month."

Residence permit for Turkish entrepreneurs for 1 year

Unusual Companies Business Development Manager Yavuz Selim Yaşar, who pointed out that the convenience that gives residence permit to entrepreneurs outside the European Union, also known as the Dutch startup visa, is one of the prominent issues in the Turkish entrepreneurship ecosystem, said: "The Dutch government gives a residence permit valid for 1 year to entrepreneurs who want to realise their innovative business ideas by establishing a company in the country. Entrepreneurs are required to implement a new product or service under the supervision of a facilitating consultancy company authorised by the government during this one-year period. Within the scope of the Dutch startup visa, individuals can develop their products and services by establishing their companies registered with the Dutch chamber of commerce and become part of the growing Dutch entrepreneurship ecosystem. According to 2024 first quarter data, food, fintech and health sectors stand out in the sectoral breakdown among the most invested startups."