Author: Melvin
UBO Register
On 27th September 2020 the Netherlands has introduced new regulations regarding the Ultimate Beneficiary Owner. The regulations are a required change due to new EU regulations related to anti tax avoidance and corporate transparency. What is an UBO? A UBO is an ‘Ultimate Beneficiary Owner’, meaning: The person that is actually in control, ownership or in a position […]
The benefits of a Dutch BV company explained in detail
When you plan to set up a business in a foreign country, one of the choices you will have to make concerns the legal entity type. For some solo entrepreneurs like freelancers or artists the sole trader business might be the appropriate and cheapest option. But in nearly all other cases we advise start-ups as […]
Flex-BV explained
What you need to know about the flex-bv Since October 1, 2012, it has been easier to set up a private limited company. Due to the simplification of the rules, a BV is also referred to as a ‘Flex BV’. Here is our overview of what has changed since the introduction of flex-bv and what […]
The Netherlands is positioning as an attractive destination for foreign businesses
Entrepreneurs are invaluable. They are the engine of the Dutch economy. We owe our jobs, prosperity and opportunities for development to a large extent to creative self-employed persons, innovative startups, proud family businesses, global companies and a large, varied and robust small and medium-sized company. Space for entrepreneurs Legislation and regulations are being modernized so […]
VAT Number (BTW-nummer) Netherlands: Format & Registration Guide
The first thing you need to do is to register your company with the Trade Register via the Chamber of Commerce. Your company information will be automatically transferred to the tax authorities. When registering the BV with the Chamber of Commerce you will receive an RSIN number. This number is also on the extract of […]
Starting a business in the Netherlands as an expat
Would you like to start a business as an expat? The Netherlands is an ideal place for entrepreneurs. There are numerous market opportunities and a healthy economy with plenty of potential investors open to new ideas. However, the Netherlands is also known for the a number of administrative procedures that you have to consider when […]
The Netherlands takes a stand against corporate tax breaks
In September 2019, the government of the Netherland announced bad news for large companies in the form of 1.5 billion more tax. Very large companies will have to pay more tax in the coming years. A number of advantageous schemes for large companies are being revised and an intended tax cut is not being made. […]
The constitution of a limited liability company in the Netherlands
If you wish to set up a company in the Netherlands, you can opt for "private limited liability company", also known as a BV. This legal entity is comparable to the Belgian BVBA. You can have a number of motives for establishing a BV. Why should I use a Dutch BV? Although you can also […]
Key sectors: the top industries in the Netherlands
If you have had longstanding plans to establish a company in the European Union zone, we strongly advise you to consider the Netherlands as your new base of operations. This innovative and stable country offers you direct access to the European Single Market while also being home to a vibrant and competitive business climate that […]
The Brexit date is almost here and people need solutions
A 'no deal' Brexit is looking more and more likely with both sides at a stalemate and the UK set to crash out of the EU on 31st January 2021. This means that an increasing number of businessmen are feeling anxious and uncertain and looking for new havens, and the Netherlands is especially popular, despite […]
The Netherlands continues it's fight against tax avoidance
Over the last few years, the government of the Netherlands has been keen to be seen to be taking decisive action against tax evasion. 1n July 2019, for example, the government announced its plan to close loopholes in which companies avoid tax by taking advantage of the differences in tax systems of countries, the so-called […]
VAT in the Netherlands: How It Works (21%, 9%, 0%)
Are you a business owner who is based in a country other than the Netherlands? Do you supply services or goods to the Netherlands? If so, you might be classed as a foreign entrepreneur in terms of VAT. You may need to file a turnover tax return in the Netherlands and you might also need […]
