VAT on Cross-Border Services and Deliveries

  Do you or your clients offer services to foreign customers? Does your company provide services abroad? Then VAT compliance can be quite a hurdle. On one hand, the services were delivered by a company settled in the Netherlands. The beneficiary of those services, on the other hand, is situated abroad. This makes filing taxes a confusing affair.

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2018’s Fiscal Resolutions by the Dutch Government

  The new year usually comes with new resolutions and plans. This isn’t any less true for the Dutch government. It plans on several law adjustments that will be in effect starting January 1, 2018. Among these adjustments are tax changes. The resolution behind these changes is the aim to improve the Netherlands’ fiscal climate. In order to achieve this ambitious plan, the government will adapt corporate income tax, dividend tax and VAT. Furthermore, there are several other rearrangements concerning multinationals. The…

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Expansion of the dividend withholding tax exemption and broadening dividend withholding tax base to include holding cooperatives.

Great News! The draft bill concerning the Dutch withholding tax obligation for holding cooperatives and the expansion of the withholding tax exemption contains several decrees that both tightens and broadens the Dutch dividend withholding tax exemption has been sent to parliament. It provides for relief from double taxation in genuine corporate structures. This legislation makes the Netherlands more attractive for corporate structures. Dutch dividend withholding tax exemption The Dutch dividend withholding tax will, as from January 1st, 2018, include a Dutch…

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The Dutch 30%-ruling

The Netherlands love their expats. The Dutch ones abroad, but even more so the foreign ones over here. To attract highly skilled and well-paid professionals, the Dutch Tax Authorities grant them the so-called 30% ruling. The 30% ruling seems as simple as it is attractive: 30% of your salary will not be taxed. I can’t possibly say it is not attractive. Getting and keeping it, however, may be tricky. We have seen applications been turned down for lack of evidence;…

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The whys and wherefores of doing business in the Netherlands: the attraction of the Low Countries

The Netherlands: Are you planning to launch a new business or are you considering taking your existing operations to an international level? Then you may well be doing yourself a disservice by dismissing the Netherlands out of hand! For this reason, we have put together the following selection of Dutch plus points geographically, economically and socially.   Official name: Population: Kingdom of the Netherlands 17,080,575 Capital city: Seat of government: Amsterdam The Hague Currency: Surface area: Euro 41,543 km2 (16,040 mi2)…

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Opening a Dutch bank account

How hard can it be to open a bank account in a foreign country? Actually, it can be quite a challenge if this country is the Netherlands! This blog offers you a selection of “tips and tricks”, to help you negotiate the rocky road to Dutch bank account ownership. Opening a business account  Opening a business account with a Dutch bank in principle calls for a Chamber of Commerce (KvK) file number. The only way of obtaining such a file…

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Dutch participation exemption

Gains and losses from a participation are normally no part of the taxable profits. The Dutch Participation Exemption (PE) scheme guarantees that profits, which are charged at a subsidiary, will not be charged again at the parent company. This article explains how the exemption works in practice. Companies which are tax resident in the Netherlands are generally subject to Dutch corporate income tax (CIT). The regular CIT rate of 20-25% applies to a company’s worldwide profits. The worldwide profits include business…

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Private shareholding: keeping your shareholding confidential

Private shareholding: how can I keep my shareholding in a Dutch BV private? In order to set-up a Dutch Limited Liability Company, you will need to full-fill “know your client procedures”, so the Dutch notary will know who the shareholder is. But sometimes you want to keep your shareholding confidential. In case the “know your client procedures” are full-filled, you can make your shareholding in a Dutch BV as private as you deem appropriate, whereby there are various degrees: Set…

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