Author: Melvin
Open a General Partnership in the Netherlands (VOF)
The Venootschap Onder Firma (VOF) or General Partnership is a company established by a minimum of 2 members through an agreement registered with the Commercial Chamber (Trade Registry). This entity is commonly translated as “company with partners”. The General Partnership should not be confused with the Professional Partnership which represents cooperations of professionals where the […]
Holland VAT Rate
The Netherlands uses a value-added tax system (short: VAT). This system is very similar to the system that is used in other states of the European Union. Not all transactions are subject to VAT, but in Holland, it is very common to charge this value-added tax. The regular tax rate is 21%, and this rate […]
Dutch Corporate Tax
Dutch corporate tax deals with the tax that should be paid in the Netherlands, on the profits that are earned by companies. A number of rules apply to this, but in general, a Dutch company has to pay 19% corporate tax. This is also called ‘vennootschapsbelasting’ in Dutch. This tax applies to the worldwide profits […]
Dutch Bank Account For Non-Residents
If you are living in a specific country, you can often only open a bank account in that specific country. That is not the case for the Netherlands. At most banks, non-residents can also open up a Dutch bank account to handle their money. And that's not just for personal versions, but also for business […]
The Difference Between a Dutch Branch and Subsidiary
When registering a Dutch company investors have the option to set up either a branch or a subsidiary. The particular circumstances regarding the interests of the international firm may definitely determine the final choice of legal entity. However certain aspects have to be considered when choosing between a Dutch subsidiary and a Dutch branch. The general […]
Notaries in the Netherlands
Dutch notaries are members of the KNB (The Royal Association of Latin Notaries). They provide specific services different from the ones offered by other law practitioners, including attorneys, lawyers and tax advisors. Their most important features are their independence and impartiality. They might also be referred to as Public Notary Netherlands or Notary Public. Dutch […]
Everything You Need To Know About The 30% Ruling
As an expat, one incurs significant costs, especially upon relocation. Depending on the situation, an expat may have to pay for visa, residence permit application, driving licences, Dutch courses, housing and bills. The 30% ruling is created to mitigate the negative effects of these expenses on one’s income. Conditional on eligibility, the 30% rule means […]
Amsterdam, a Top Location for Foreign Companies
For three years now an unprecedented number of firms have set up a new business in Amsterdam. Only in 2016, more than 150 multinational corporations have opened locations in the metropolitan area of the Dutch capital. This is a sign that Amsterdam is not only the prime business hub of the Netherlands but of the continent […]
The Netherlands: An Introduction
The central location of the Netherlands is one of the many assets that make the country perfect for setting up European and global offices. Holland has long been established as a main trading centre and is popular with its open economy. The country is highly developed and offers many opportunities to companies and people planning […]
5 Best EU Countries for Corporate Tax
The Dutch newspaper “Het Financiële Dagblad” (The Financial Daily) has recently conducted research showing that the average amount large EU enterprises spend on corporate tax equals 23.3 percent of their profit. The authors analyzed the tax liabilities of 25 companies - the biggest on the Stock Exchange in Amsterdam - including Unilever, Heineken, ING Group […]
Establishing a Dutch Company: Sole Proprietorship or BV?
It is easy to start a Dutch business, but every entrepreneur has choices to make. First of all, one must choose the legal entity that will operate the business; this determines the taxes he or she will have to pay. The main question is whether to register a Dutch sole proprietorship (one-man company or Eenmanszaak […]
Top Five Profitable Dutch Industries
Many international entrepreneurs establish their businesses in the Netherlands to benefit from the many offered advantages. The strategic location of the Netherlands provides access to many western European customers and the country boasts the biggest port on the continent: Rotterdam. The tax system offers numerous advantages for businesses in various sectors. Below is a description […]
