Start-ups and scale-ups operate in a dynamic environment with unique challenges. At Govers, we understand that building a strong company requires more than a good idea. It requires strategic insight, financial security and a reliable network. The Govers Start- & Scale-up team offers tailored support to young, ambitious companies that want to grow fast, sustainably as well as internationally.
Tax challenges for Start-ups & Scale-ups: from structuring to innovation
It is advisable to work with an accountant or tax advisor familiar with the startup environment. Our Start-up & Scale-up team offers expertise to maximize your tax opportunities. By setting up the items below properly now, you will maximize future benefits, such as the innovation box.
- Setting up the appropriate tax-legal (international) structure.
- Protecting your intellectual property.
- Advice on customary pay for the DGA/founder.
- Applying the 30% rule for international employees.
- Making the best use of schemes such as the WBSO.
- Guidance on how to reward staff in the most tax-friendly way possible.
Complex issues in financial statements
Our expertise goes beyond the basics. We are well versed within the ecosystem and know the complex issues facing this target group, such as:
- Reporting issues, such as whether or not to capitalize R&D costs.
- Convertible loans and Easy Prepayment On Shares (EPOS): are they debt and/or equity instruments? And how should they be accounted for in financial records?
- Financing and investment issues, valuation issues and guidance on investment rounds.
- Employee retention and future compensation structures, such as Stock Appreciation Rights (SAR). How are closed SAR rights accounted for in financial records? And what are the differences from employee participation through a stock plan or certificates of stock?
- Processing grant funds (yet to be) received in the financial records, maintaining thorough time records and any grant monitoring.
Focused on Insight and Stability
Good financial records are essential for managing growth. We not only offer you advice on setting up effective administration and the choice of accounting package, but also focus on growth-critical elements, such as your business and revenue model, runway and burn rate. We are happy to help you with your financial administration and with setting up management and monthly reports with specific KPIs for Start-ups & Scale-ups.
External financing is often needed at every stage of business. A good financial budget and forecast can be crucial for planning growth and attracting investors. In addition, we provide support with issues such as processing grant administration. This ensures that you always have full insight into your financial position and potential risks, including any repayment risks of grant advances provided.
What opportunities do you have to establish R&D collaboration (via licensing or co-ownership of IP)? And to outsource production or set up sales activities? This could be through your own subsidiary, joint venture, external party or contractual cooperation with a Dutch or foreign party.
Customized services for growth and stability
Customized services for growth and stability
At Govers, we move with the life stage of your fledgling company. With the support of our Start & Scale-up Team, you will have access to a wide range of services, including:
- Taking care of financial administration.
- Preparation of financial statements and filing reports.
- Tax returns (VPB and VAT).
- Payroll administration (including LH returns).
Do you need additional support, such as legal advice or help with capital raising? Thanks to our network within the Brainport region, we put you in touch with the right advisor. So you can turn to us for a complete range of services and focus on what really matters: the growth of your business.
At Govers we pride ourselves on our committed and proactive approach. Together we lay the foundation for a future in which your Start-up & Scale-up can flourish, supported by an experienced partner who understands what entrepreneurship really means.
"Because we don't have an internal finance department ourselves, we deploy Govers broadly"
LionVolt and Govers
Imagine that you can drive not 500 but 800 kilometers on the battery of your electric car. Or that the battery of your cell phone can be charged in 15 minutes and last much longer? It may sound like the future, but if it is up to LionVolt from Eindhoven, we can all benefit from this in the not too distant future. At Govers, we are delighted to support this promising startup financially. This is Vivian Smetsers, CFO at LionVolt.
Let's start with exactly what LionVolt does. Smetsers explains that every battery cell consists of a plus and a minus, also called cathode and anode. "We have developed a 3D architecture for the anode, which greatly improves the overall performance of the battery. This allows us to put much more energy into a compact, lightweight battery. Our ultimate goal is to make electric flight possible over time."
