On the 31st of December, 2018, when the clocks struck midnight, a variety of new regulations and rules came into force with the beginning of 2019. Learn about the changes in effect from the 1st of January, 2019.

Amendments affecting families

In 2019 several amendments relevant to families were introduced. One of them is the partner leave increase from 2 to 5 days for partners of new mothers working 5 days a week. The allowed leave of partners … Read more

The way we do business has changed significantly during the past few decades. Where there were once only physical stores, you can now shop for almost every imaginable trinket online. Artists have also started to offer their skills on the web, via websites, social media or international platforms like Etsy. One interesting development that clearly stands out, is that design is just as important as functionality nowadays.

One of the best examples to illustrate this is the smartphone we all … Read more

If you are thinking about starting a freelance business, you might want to reconsider establishing a company in your own country. Especially if you already happen to reside here, for example when your spouse is an expat stationed in the Netherlands. More and more freelancers and entrepreneurs decide to found their businesses overseas. Why? Mostly due to the fact that multiple foreign countries offer substantial benefits for business owners, making it very profitable to start a foreign business.

The Netherlands … Read more

Amsterdam, being Holland’s capital, is the obvious choice for expats, but surprisingly it does not offer them the best living and working conditions in the country. The Expat Insider 2018 City Ranking of InterNations puts The Hague at the top of the list.

The InterNations Expat Insider City Ranking for 2018

In 2018 InterNations conducted a survey with the aim to produce the latest edition of its Expat Insider city ranking. More than 18 000 expatriates from 187 countries/territories representing … Read more

Is a local Dutch director required to incorporate a Dutch BV?

No, it is not a requirement to have a local Dutch director to set up a Dutch BV. In fact, most of our clients are non-Dutch residents.

If you are a small or medium company, or you have a clear goal for your Netherlands business activities. It is likely not relevant to consider the substance requirements for corporate income tax.

Your VAT situation is determined upon application for … Read more

Starting an own business comes with challenges, many starting entrepreneurs have to make alot of personal sacrifices in the first years of starting their business. It is not always easy for starters to accomplish their goals, or to make a business that is self sustainable.

In this article we will discuss some of the common difficulties of starting entrepreneurs.

Starting a business or paying the bills?

Starting entrepreneurs have the difficulty in the beginning of not always having enough profits … Read more

European Union Customs Union

Businesses importing goods from third countries into the EU and Holland, in particular, need to declare the goods at the customs. Some imports are subject to VAT and customs taxes. Due to the established Customs Union the whole EU is considered one territory with respect to customs policies. Therefore, in general, the same rates and rules apply for all Member States (MS). Once goods enter “free circulation” (all duties are paid and the import formalities are … Read more

It has become pretty clear that Brexit has had various effects on businesses currently situated in the UK. A lot of major companies and organizations are already moving their headquarters elsewhere, in order to stay involved with the EU and all its associated benefits. This also means that many start-ups and investors are looking for alternatives to their original plans of starting a UK business. Are you on the lookout for a suitable new location? Then the Netherlands might just Read more

It has almost been two years since the infamous Brexit referendum. A small minority of Brits then made it clear, that they no longer wish to be part of the European Union. And so Brexit was born. After many negotiations and struggles there is still no clear view about the road ahead, meaning that the UK may or may not become independent on March 29, 2019.

Intercompany Solutions CEO Bjorn Wagemakers and client Brian Mckenzie are featured by
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Shareholders as Foreign Taxpayers

The income included in Box 2 for foreign taxpayers includes the eligible Dutch income (calculated in the same way as for residents) from local companies, except in cases where the shareholding belongs to an enterprise’s equity.
Fiscal partners are subject to special requirements.

The income that must be declared in Box 2 includes the capital gains and/or dividends (main income items) obtained by a foreign taxpayer with substantial interests (>5% shareholding) in a resident company minus … Read more