EU Labour Law complements policy initiatives taken by individual EU countries by setting minimum standards.
In accordance with the Treaty - particularly Article 153 - it adopts laws (directive) that set minimum requirements for:
One of the requirements for obtaining a residence permit is working together with a business mentor: a facilitator. This cooperation must be officially established in a (signed) agreement between the start-up entrepreneur and the facilitator. The facilitator must have experience in guiding innovative start-ups.
The facilitator provides the entrepreneur with a tailor-made package of support dependent on the specific needs of the start-up. The facilitator can, for example, offer help with operational management, marketing, research and investment acquisition for setting up an innovative business.
The facilitator must be trusted and financially sound. On no account can the facilitator be in receivership or bankrupt and may not have negative equity.
The facilitator may not be related to the start-up entrepreneur (up to three times removed; child, parent, grandparent, uncle/aunt).
A product or service can be classed as innovative if at least one of the following three conditions are met:
(Non-definitive) examples can include the following:
Read more on the website of the Netherlands Enterprise Agency.
As a start-up entrepreneur, certain activities must be undertaken to advance an idea into a successful business. Before approving an application, the government must understand what business development activities will take place. The start-up entrepreneur must provide a description of this in a step-by-step plan, containing information relating to:
André Beukes is an EU Management Consultant to international companies doing business in Europe. He provides clients with practical business support that makes a real difference doing business in the EU. “Put simply, I am here to help you meet your challenges. I believe in the importance of doing things correctly, meaning risks are reduced and problems are avoided.”