The Netherlands continues it’s fight against tax avoidance

VAT in the Netherlands for foreign entrepreneurs

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 for foreign entrepreneurs

VAT in the Netherlands for foreign entrepreneurs

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 […]

Tax breaks for new businesses in the Netherlands

Tax breaks for new businesses in the Netherlands

Lower income tax with the Innovation Box Do you market new innovative products based on your own R&D? Then you may be eligible for the Innovation Box. The Innovation Box reduces corporate tax for profits from innovative activities. As of 2018, an effective tax rate of 7% applies instead of the maximum rate of 25%. […]

Starting a company in the construction sector in the Netherlands

Starting a company in the construction sector in the Netherlands

In recent years, the construction sector has been the fastest-growing sector for independent entrepreneurs. In 2018, there was a growth of over 7%, and the following year saw a growth of 5.3%, according to the senior sector analysts. At the same time, there is a shortage of construction workers, a gap that self-employed entrepreneurs are […]

EORI number

EORI number

How to apply for Dutch EORI number In the Netherlands, economic operators are identified by Customs by their EORI number. In other words, those who have to deal with Customs from a business perspective, for example by preparing a customs export or import declaration for goods, must be known to customs. This also applies to […]

Do you need a corporate accounting service Netherlands?

Do you need a corporate accounting service Netherlands?

Our accountants in the Netherlands can offer complete accounting services and provide many you other financial solutions, whether a legal entity or a natural person. ICS accountants are able to help small businesses, such as sole traders, but they are also able to offer professional accounting and bookkeeping services to multinational corporations. Among the most […]

Advice about publishing annual accounts in the Netherlands

Advice about publishing annual accounts in the Netherlands

If you operate a business in the Netherlands, there is a strong chance that you will need to submit your annual financial accounts with the Dutch Chamber of Commerce (KVK). You must do so if you are responsible for: A public limited company (NV); A private limited company (BV); A mutual insurance association; A cooperative […]

The Netherlands is lowering the corporate tax rate

The Netherlands is lowering the corporate tax rate

Did you know that the Netherlands is one of the five countries in Europe that fall within the world’s top fifteen corporate tax havens? And did you know that some of the 2020 changes to the corporate tax rates will make it an even more favourable location for companies? Let’s look at what the changes […]

A guide to Netherlands anti dividend stripping

Dutch Bank Account For Non-Residents

On 1 January 2019, the new tax package came into force, including The Netherlands anti dividend stripping legislation. The latter is part of the EU Anti-Tax Avoidance Directive (ATAD 1) and, therefore, applies to all current EU member states. Just over a year before, the Dutch Senate passed the 2019 tax package which was initially […]

ANBI Foundation (Non profit)

Non Profit organization

The Dutch ANBI foundation The Netherlands offers different type of foundations, the ANBI foundation is the foundation (Dutch: Stichting) most commonly used for non profit organisations. ANBI stands for: ‘Algemeen Nut beogende instelling’, an entity serving a general purpose.  Non profit organisations are also referred to as ‘NGO’ or Non Governmental Organisation. What is an ANBI […]

Company Registration Netherlands: How it works

Rotterdam Centrum

Registering a company in the Netherlands Registering a company in the Netherlands is now more convenient than ever. The exact amount of time it takes to form a company abroad also depends on the country you want to establish your company in. Most entrepreneurs don’t even consider registering their business overseas, but they might be […]

Registering an (EORI) number in Holland

Private or Public Liability Company (BV vs. NV)

Registering for an Economic Operators’ Registration and Identification (EORI) number in Holland All local companies performing customs-related operations in Holland and other members of the EU must have a unique EORI number. If you need further information about the EORI registration procedure or other accounting matters, our Dutch specialists are ready to assist you. Dutch […]