Due to the COVID- 19 pandemic, the Dutch government has guaranteed to implement a series of important economic measures. The measures are made to protect the jobs and livelihoods of the citizens. The government try to minimise the impact of the crisis on self-employed people, small and medium-sized companies. For as long as necessary, billions of euro will be invested into the dutch economy every month.
The business climate in the Netherlands improved, as the country managed to maintain its status as one of the preferred countries in the EU for foreign direct investment. The country occupied fourth place in a ranking released by the multinational professional firm Ernst & Young. According to the same source, confidence for investments in the country improved. Our team of Dutch lawyers can give you more detailed information about the current investment conditions.
The four parties forming the Governing coalition have agreed upon a set of tax changes, both for corporate and personal income tax. The new changes would also include a set of measure to fight against tax avoidance. The experts at our Dutch law firm can give you complete details on the announced corporate income tax cut and how the other changes would impact your business in the country.
The Netherlands encourages innovative business activities as well as engagement in research and development activities through a series of incentives. The innovation box regime is such a programme that has been updated as of 2017. It offers a reduced tax rate to qualifying companies and, starting with the new changes, it also offers benefits for software companies. The experts at our Dutch law firm present the legislation that allows for the beneficial treatment of R&D companies.
Amsterdam was ranked once more among Europe’s five most dynamic cities, in a top by Savills Investment Management. The ranking mainly focuses on the cities that are most suitable to commercial real estate investments. Other cities included in the ranking were London, Paris, and Cambridge. The experts at our Dutch law firm can help you invest in Amsterdam.
The Netherlands has a developed and successful transport sector. While Dutch companies involved in transport in all of its sub-sectors, the road haulage companies are registering the largest turnover. They are influenced by the evolution of other sectors, namely trade or construction. The experts at our Dutch law firm can give you all of the needed details about the transport law in the country and the requirements for import/export companies.
A number of tax breaks are available for foreign investors in the Netherlands and qualified individuals. Knowing the actual tax deduction method and the tax breaks, you are entitled to while working or running a business in the Netherlands can help reduce the final tax return value. The annual tax return filing deadline is due on May 1st each year and investors and individuals can implement these changes in due time until the end date. The experts at our Dutch law firm can assist you with information and advice on making these tax reductions and implementing the available tax minimization methods.
A record number of companies have opened their offices in Amsterdam for the third year in a row. In 2016 alone more than 150 foreign corporations opened a business location in the Amsterdam Metropolitan Area. This shows that the city continues to be one of the major business hubs not only in the country but also in Europe. Amsterdam is a top destination for foreign investment and one of our lawyers in the Netherlands can help you open a branch or a subsidiary of a foreign company here.
Independent small businesses comprise a large portion of the total Dutch exports. Last year, approximately 26% of the total exports were produced by small companies in the Netherlands. Dutch-produced goods accounted for more than 70% of these types of exports. Investors who want to open a small business in the Netherlands can request the services of our Dutch law firm. Entrepreneurs can choose to invest in any business field as the Netherlands has a very pro-investment business policy.
Dutch authorities are considering reducing the corporate income tax in the near future, according to a statement made by Finance Minister Jeroen Dijsselbloem. The announcement was made after the British Prime Minister said that the UK may cut back on its corporate taxes to become a more attractive business destination. After the Brexit, British companies have considered relocating to the Netherlands or other EU countries.
Individuals who wish to stay in the Netherlands can do so based on a visa, issued for a period of time that suits their purpose. In order to obtain a visa for the Netherlands, an application is submitted in the country of residence or with the Dutch authorities. Our Netherlands immigration specialists are ready to assist you if you have questions about traveling to the country and staying here for different periods of time.
Britain’s decision to leave the EU was a resonant one that prompted many international companies based in London to look for a relocation option in Europe. While the true economic and business effects of the Brexit vote are yet to become apparent, investors can decide to move their UK business in the Netherlands. The relocation procedure is done to certain requirements and a law firm in the Netherlands can help you start the necessary steps.
The first quarter of 2016 brought a 0.5 percent growth of the Dutch economy, compared to the last quarter of 2015. This growth rate is consistent with the trend published in May and, according to Statistics Netherlands, one of the three main factors that contributed to the positive figures are investments in the Netherlands.
INCO Business Group will host the high-profile event Startup Expedition between 27 –29 July 2016 in Amsterdam. This conference is addressed to all UK entrepreneurs who are thinking of moving their businesses in the Netherlands, in light of recent Brexit situation. Freelancers, SMEs and, large and joint stock companies from other countries are also more than welcome to attend this large scale event. The participants will have the chance to receive valuable information on how to open a company in the Netherlands and will also benefit from personalized consultancy from corporate, tax and legal advisers.
The Netherlands welcomes foreigners to live, work and start their business here. While the country is an ideal place to set-up the branch of an international company or base a large business, small companies also thrive in the Netherlands. The country is one of those in Europe that have a large number of start-ups and investors can open a new business here with relatively little capital but a lot of determination.
Many foreign companies set up operations in the Netherlands because of the many advantages this country offers. Apart from its location which grants access to over half million consumers in western Europe, the Netherlands is also home to the one of the largest European ports: the Port of Rotterdam. The Netherlands also provides a very advantageous taxation system for companies operating in various industries. Below you can find out more about the 5 best industries to open a company in the Netherlands at the moment.
The Netherlands registered a good year in terms of foreign investments in 2015, according to a recent report. A large number of North American companies have developed several projects which have also driven an increase in employment rates. Our lawyers in the Netherlands can offer you more information about the foreign investment climate in this country.
The number of tourists who visit and stay at least one night in the Netherlands rose in 2014 for the fifth year in a row. This positive trend has also continued during the first six months of 2015 and a 7% increase in foreign tourists was reported by the national statistics office. This growth in the number in foreign visitors is welcomed by Dutch travel agencies and the total amount of capital from tourism is important for the country’s economy.
The Netherlands and Germany have signed a new agreement for exchange of information on advance pricing agreements and advance tax rulings. The two countries has thus mutually agreed to exchange information included in the signed Advanced Pricing Agreements if their provisions impact taxation in the other state. Germany and the Netherlands have also signed a new double tax treaty which is expected to enter into force in January 2016. These provisions of these treaties affect German foreign investors in the Netherlands and vice versa.
The Dutch Government plans to change the list of products and services with a reduced VAT rate in order to create additional revenues that could be worth as must as 5 billion EUR. The two applicable VAT rates in the country are 21 percent and 6 percent and following the change the reduced one would only apply to basic food products. Our law firm in the Netherlands can give you details about the latest fiscal changes in the country.
Foreign employers in the Netherlands will have to adjust to a new salary calculation method for their foreign employees, according to a rectification made as of March 2015. The new calculations will be made without the vacation allowances or the 13 month’s salary payment. Our law firm in the Netherlands can help you know more about the legislation for hiring migrants and the taxes for Dutch companies concerning these employees.
Online gambling is looking as a more and more popular business option in the Netherlands. More than 200 companies are interested in obtaining a special licence that would allow them to become online gambling providers. This interest could be very well increased by an anticipated decision regarding the liberalization of the Dutch online gambling market. If the parliament approves these activities, online gambling could be the start of a new profitable investment field in the Netherlands.
The Dutch retail sector recorded a year of growth in 2014 as foreign investors brought on a total of almost 1.5 billion euros in investments in various retail sectors. This is nearly double compared to 2013 and if we are considering that 2014 has been a year of recovery and growth in the Netherlands, we can begin to assume that this year will be even more profitable for the Dutch retail sector.
The number of new one man businesses in the Netherlands increased this year for the third year in a row. Most of these start-ups are a type of business that is run by a single individual and they generally activate in business sectors like construction, management consultancy, financial consultancy and generally almost any type of consulting service in the Netherlands that can be operated by a professional in the respective field.