Tax interest (Belastingrete) is charged by the Dutch Tax authorities for unpaid taxes. If there is an overdue amount to be paid, interest may be imposed. If there is a refund, you can receive an interest payment under (very strict) conditions. Comply with laws and regulations when recruiting staff hen looking for employees, you should follow rules for equal treatment of candidates. For example, make sure the job description is neutral so that everyone feels welcome to apply. During an interview, you should not ask questions about health or private life. Or about someone’s family or desire to ..read more

What is Corporate Income Tax? The corporate income tax (vennootschapsbelasting or vpb) is a tax on the taxable profit. Your company pays corporate income tax on the taxable profit in a single financial year. You can reduce the taxable profit if your company has deductible losses (offset losses against profits). Often a financial year is the same as a calendar year. However, a ‘broken’ financial year (for example from May to April) is also permitted. The financial year for the corporate income tax return must be the same as the financial year in the company’s articles of association. Who file ..read more

The Netherlands is increasingly becoming a more popular business destination to penetrate the EU market, primarily due to its low corporate taxes and business-friendly regulations. We want to offer potential clients, who want to explore business opportunities in the Netherlands, our February Promotion available for this month! After the promotion, the total registration package would be 1.950 EUR (Dutch BV) and 2.200 EUR (Dutch Foundation). This includes the notary fees and our corporate secretarial support for the first year! We value all of our potential clients and understand the need t ..read more

What is VAT? Value Added Tax in the European Union is a general consumption tax assessed on the value added to goods and services. It applies more or less to all goods and services that are bought and sold for use or consumption in the EU. Thus, goods which are sold for export or services with are sold to customers abroad are generally not subject to VAT. VAT Application A VAT-registration number application is based on the European VAT-directive. In this directive it is stated that countries have to issue a VAT registration number to companies performing taxable activities in that country. I ..read more

On 19 December 2023 the Dutch Senate accepted the proposed amendments to the 30% ruling. The changes are effective from 1 January 2024. These amendments follow an earlier decision to cap the maximum salary eligible for the 30% ruling, with any income exceeding €233.000 per annum being ineligible for this tax-free allowance (this change is applicable to employees beginning their employment in 2023).. Decrease to 30/20/10% rule The first amendment to the 30% ruling will change it into a 30/20/10% ruling over the maximum duration of 60 months. Currently, eligible employees can receive for 60 mon ..read more

What are your options if you wish to start a small business in the Netherlands? We go through them one by one in this blog. The most prevalent legal structure used by independent contractors is the ‘sole proprietorship’ (eenmanszaak). The business is owned only by one person and this individual is in charge of the company. This indicates that a sole proprietorship has no legal personality.  A sole proprietorship is very common because it is simple to establish and inexpensive. All you have to do is go to the Chamber of Commerce and pay €51.95 to have your business registered in the trade ..read more

Understanding Dutch administrative requirements is crucial if you want to launch a business in The Netherlands. The Netherlands has very minimal red tape, compared to countries such as Belgium, Germany and France. However, in this blog, you may learn about the strict Dutch corporate framework for financial statements, audits and release of the financial accounts. Requirements to prepare Dutch financial statements Every Dutch firm is obligated to maintain accounting records that are sufficient to assess the company’s financial situation at any given time. The statutes of the company typically i ..read more

When you run a (technical) company, you could strive for innovation and invest a lot of money in Research and Development as well as time and effort to get your product to the market. Naturally, you want to ensure that you are the sole beneficiary of your efforts and final product. A competitor may not profit directly from the product you introduce to the market. As a result, it’s critical to be aware of your options for protecting your brand or (technical) intellectual property. There are numerous terminologies that are used in relation to intellectual property law. It can be c ..read more

When starting a business in the Netherlands, you should consider the annual publication requirements. In the Netherlands, it is mandatory to submit an annual (abbreviated) overview of your financial statements. The financial reports or statements must be submitted to the Chamber of Commerce, where they will be made available to the public. The purpose of publishing these financial reports is to inform (potential) creditors, as discussed in our article about the accounting requirements. A balance sheet and a profit summary will be included in the financial report that will be submitted. Th ..read more

Companies want to take advantage of the favorable Dutch treaty network. Many measures have been taken against companies with little to no substance in the Netherlands in recent years. Certain companies establish themselves in the Netherlands primarily to avoid taxes. These measures made it more difficult to gain access to the treaty network and enter the market successfully. Being more obedient is rewarded. We can assist you in determining whether you have enough substance to gain access to the treaty network with your Dutch B.V. We go into greater detail about this topic in our free guide. On ..read more