Accounting services in the Netherlands
We can set up a Dutch BV or NV, a subsidiary or a branch office in the Netherlands in just a few business days, making it possible for you to start doing business almost immediately. But our services don’t stop there; on the contrary. As part of our dedicated service to our clients, we subsequently offer excellent administration services throughout the Netherlands. Our administrators can provide you with a wide range of professional administrative services, as well as representation in any financial or tax matter. Our administrators can provide you with an all-in service for your Dutch corporate administration and tax returns.
If you would like to know more about how we can assist you specifically, please feel free to take a look at our extensive service packages, or contact us directly for personal advice tailored to your preferences.
Dutch financial and fiscal obligations
When foreign entrepreneurs decide to start a new business in the Netherlands, they will inevitably be confronted with Dutch accounting and fiscal regulations. Just like any other country in the world, the Netherlands levies taxes. This does not only concern income tax, but also corporate tax and tax on dividends, for example. If you want to run a smooth and legal business here, you will need to comply with all applicable laws regarding this matter. Make sure that you always file your tax return on time, that you are well-informed about all tax rates, that you store your administration for 7 years (either physically or digitally), and that you always provide correct and truthful information. These are the necessities that will generally keep your company safe. If you are not familiar at all with these laws and regulations, it’s very important to discuss these topics with a specialist in this field. Every company will have slightly different accounting requirements, which is why it’s important that you are well-informed.
Our Business Startup Administration Services
If you want to start a Dutch business from scratch, there are financial and fiscal obligations to consider creating the best possible basis for success. We can assist you with services such as:
- Advice on keeping a solid administration in the Netherlands
- Applying for an Article 23 license (can be beneficial for import and export companies)
- Consultation on hiring staff and the Dutch pay-rolling requirements (if you hire staff)
- Informing you on deductible business expenses and the practicalities of the Dutch accounting system
- Our firm will be your company’s fiscal representative in a VAT application.
Besides our consultations early on in the company formation process, we can also assist you with the continuous financial and administrative requirements, which we will elaborate on below.
Our Continuous Administration Services
Accounting And Compliance Regulations
If you start a company in the Netherlands, you will need to be knowledgeable about Dutch administrative requirements and the tax laws in the country. These requirements depend on certain factors, such as the legal entity you choose for your company, the size of your company, and whether it’s a corporate structure. When drafting a financial report, it should at the very least contain the following information:
- A balance sheet
- The profit and loss account
- If applicable, notes belonging to the accounts
Especially if you set up a Dutch BV, you will need to take into consideration that you need to prepare yearly financial statements under Dutch law. If your company is operational, you will need to take into account the following:
- You always need to provide information about possible underlying subsidiaries
- If there are any loans you took on with your company, you will need to be able to show proper loan agreements, including the exact amount of interest you pay
- If you have any assets that are worth more than 450 euros, these need to be activated on the balance sheet
- Any abbreviations on assets must be explained
Some Of Our Recent Clients
Why look for professional accounting services?
Our tax consultants in The Netherlands can inform you on how to register for VAT, and how to operate your company while your registration is still pending. Once you receive your VAT number, we will inform you of the Dutch invoice format requirements and how you should deal with European and international buyers and suppliers. Our team is specialized in foreign-owned businesses that operate in the Netherlands, as we know the intricate details and complexities that most foreign entrepreneurs will face.
Our services are aimed at companies of every shape and size, provided that you set up a Dutch business. We work with companies ranging from small web shops to large multinational corporations, offering competitive rates and an efficient process. We are also XERO certified, which is beneficial, especially for web shops, since the sharing of financial information is very easy that way. All transactions are swiftly and easily processed, which saves you a lot of work. Our team of professional administrators can provide you with all legal, fiscal, and accounting requirements, so you can focus on your core business. It is also up to us to make sure that you are up-to-date with your accounting at all times and that your accounting documents are legally reviewed and audited on a continuous basis. So you can be sure to have fulfilled all legal obligations.
What are the annual accounting requirements?
The laws in the Netherlands are very specific regarding the annual tax, fiscal and financial requirements, which encompass the following:
- The drafting of your financial statements
- The filing of your Corporate Income Tax Return
- You also need to submit your abbreviated statements to the Dutch Chamber of Commerce
By hiring an expert, you don’t have to worry about these regulations anymore, since we will keep you updated continuously regarding the state of your affairs. Our experts ensure that your Dutch business always operates in compliance with all fiscal and accounting regulations, plus we can advise you on financial possibilities and benefits for your company. Intercompany Solutions uses modern accounting software, providing you with all the information you need, such as periodical reports, underlying invoices and paid expenses.
Administrative, tax-related and financial services we offer
Intercompany Solutions has already assisted thousands of companies with the entire process of doing business in the Netherlands. This includes a wide array of administrative and financial services from A to Z. We have a clear understanding of all the various industries in the country, including all relevant fiscal and tax requirements to adhere to. We can also assist with the following matters:
- Application of VAT & EORI Number
- Checking a VAT Number
- Dutch Substance Requirements
- How you can claim back paid VAT
- The requirements for Dutch invoices
- Finding out whether your Dutch company is a tax resident
- Processing EU Transactions in VAT Return
- ABC Transactions
- Providing information about administrative and audit requirements
- Tax Liabilities For Residents & Non-Residents
- Inform you about all deductible expenses
- We can prepare financial statements for you
- We can also assist you with other matters
Tax and Fiscal Consultancy
If you are planning to start a Dutch company or already own a business in the Netherlands, it is important to think about a solid tax strategy and manage your finances well. Intercompany Solutions can assist you with information about the Dutch tax regulations and answer your questions in this regard.
Payroll Services
Our financial specialists have experience in payroll services, especially for foreign business owners who potentially want to hire personnel and expats. We can assist you during the process of hiring staff, for example, by applying for the Wage Tax ID.
General services that we offer to our clients
Intercompany Solutions has assisted hundreds of foreign entrepreneurs from over 50 different nationalities. Our clients range from small, one-person startups to multinational corporations and everything in between. Our processes are aimed at foreign entrepreneurs, and, as such, we know the most practical ways to assist with your company registration. We can assist with the full package of company registration in the Netherlands:
- Company establishment in the Netherlands
- Opening of a local bank account
- Application for VAT or EORI number
- Applications for a variety of permits
- Application for a visa or start-up permit
- Startup assistance
- Financial services
- Administrative services
- Secretarial services
- Legal assistance
- Tax and financial services
- Media
- General business advice
We are constantly improving our quality standards to continually deliver impeccable services.
Why professional accounting is crucial for foreign businesses
As you can see, there are many obligations to consider when you start a Dutch business. National and international tax and fiscal regulations are plentiful, and not complying with these laws can result in large fines and even worse consequences, such as incarceration. When you operate a business, you need to make sure that you have your administration in order to be able to do business legally and safely. This is even more true for foreign companies, but chances are realistic that you don’t have sufficient knowledge to be able to comply completely. As such, Intercompany Solutions will gladly take this responsibility out of your hands, making it possible for you to focus solely on your daily business activities and bringing in more projects and clients.
Frequently Asked Questions
On Accounting
Do I need to have a Dutch director for my Netherlands company’s tax status?
If I don’t have any transactions, why would I need to have accounting services?
What is the added value for me to have a Dutch accountant?
Am I, as foreign entrepreneur required to know all accounting and tax requirements in the Netherlands?
What other services do you offer?
What is the benefit of having ICS request a VAT number for my firm?
