Last October the government of the Netherlands released a document announcing its future plans. The paper was finalized after a negotiation of more than 200 days. The document promises changes in various aspects of society. They include additional police funding and improvements of counterterrorism and cyber security. The government also envisages reforms in the labour market concerning sick leave, procedures for dismissal, rules for paternity leave and minimum wages. It plans to adopt a new system for pensions and amend … Read more

In 2017 a total of 143 international companies opened offices in Amsterdam’s urban area. The city remains a popular choice for foreign companies planning to develop their businesses in Europe. It is estimated that for the next 3 years these corporations will create 2700+ jobs.

Amsterdam offers thousands of jobs

In 2017 the expansion of already established foreign businesses resulted in the opening of 4100 new job positions. The European Agency of Medicines also made an announcement that it is … Read more

On September 19, 2017 (Budget Day in the Netherlands) an official legislative proposal for amendment of the Dutch withholding tax on dividends was published in connection to the Tax Plan for 2018. In summary, the proposal referred to a broadened exemption from withholding tax on dividends applied unilaterally with the aim to maintain the favourable fiscal climate in Holland.

On the same day, the Senate approved all proposals included in the Tax Plan for 2018. Therefore, the broadened exemption from … Read more

The Dutch sector of agriculture has succeeded to maintain its position as the second largest exporter in the field of agriculture. For 2017, the total value of agricultural exports reported by the Central Bureau of Statistics (CBS) is 113.5 billion US dollars or 92 billion Euros, which is 7% more in comparison to 2016. Thus the country ranks second among the top agricultural exporters in the world, after the United States. The agricultural exports of the US for the fiscal … Read more

The economy of the Netherlands is increasing in strength with the most recent forecast of the Dutch Bureau analysing economic policy (CPB) predicts economic growth of 3.2% in 2018 and 2.7% in 2019.

An economic boom

The Central Economic Plan for 2018 prepared by CPB forecasts the economic situation in the Netherlands this year and next year. Estimates are made for a smooth Brexit where trade with the UK will continue on the basis of a new agreement. If, however, … Read more

The Dutch government has decided to support a new policy on taxes proposed by Menno Snel, State Secretary of Finance and to take action with respect to the first priority on the agenda: stop tax evasion and avoidance.

For the coming years, the policy includes 5 priorities:

  1. to stop tax evasion and avoidance;
  2. to reduce the taxes on labour;
  3. to promote a competitive tax climate for real activities in the economy;
  4. to make the system for taxation greener,
  5. and more
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The national government provides support to companies developing innovative products by means of grants, innovation credits and tax benefits. The European Union also offers different grants for innovation.

Innovations create opportunities

Inventive businesses can participate in the quest for solutions concerning fundamental social issues, such as population ageing, deadly diseases and food security. The development of new products can give them access to markets they have not previously explored. Innovations boost the economy and create jobs. Therefore the government embraces … Read more

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 that the tax base of your gross salary as an expat in the Netherlands may be reduced by 30%.

How does the 30% rule work 

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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 as well.

The city is an attractive destination for many international investors. Our local lawyers can assist you in opening a subsidiary or … Read more

The Dutch newspaper “The Financial Times” 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 and Philips, and reviewed the corporate taxes they pay in various European countries.

The analysis showed that the rates of corporate tax differ significantly among the EU countries. … Read more