Simplified ABC transaction for VAT purposes
When declaring international transactions in your VAT or ICP return, you must consider the so-called ‘ABC-transaction.’ This ABC deal always involves at least three companies from one or more countries. Company A sells its products to Company B, who then sells the same products to Company C. Who is required to pay VAT and where […]
VAT On Electronic Services Within The EU
VAT on software is typically charged in the Buyer’s country, though it can be paid in The Netherlands via the VAT return. Electronic services (such as software) are subject to VAT levy in the country of the customer or user. This has been the case since 2010 for electronic services to other entrepreneurs (B2B services), […]
Is my company a tax resident for VAT purposes?
When you incorporate a company in the Netherlands, it is referred to as a ‘Dutch’ company under Dutch law. However, according to Tax Law, your ‘Dutch’ company may not be considered a resident company. This can have an impact on your tax status, so it’s critical that you understand how to determine whether your company […]
Overview of VAT in the Netherlands
If you set up a business in The Netherlands, it’s important to consider the VAT (Value Added Tax) requirements and to understand how VAT works in The Netherlands. Companies conducting business with or from the Netherlands are, in most cases, liable for Dutch VAT. When a company is liable for Dutch VAT it will have […]
Company Formation Services in Rotterdam
Almost half of the entrepreneurs Bolder Launch works with are considering establishing their company in Rotterdam since they already conduct business with the city in some form. In this article, we’ll explain why Rotterdam is a good place to start a business and how to do so in the Netherlands, specifically in Rotterdam. For Dutch […]
How to apply for an article 23 license in The Netherlands
Dutch companies that import goods to the EU should consider the advantages of the article 23 license, to avoid any VAT duties on imports (in short, a VAT deferment facility). When importing goods to the Netherlands, a company must typically file an import declaration at the Dutch customs. Based on the value of the goods, […]
Planning Brexit; Relocating your activities to the Netherlands
In this article, we will address important considerations for British companies planning to establish a company in The Netherlands, in order to ensure that their business will not be affected by Brexit. How to deal with imports and exports after Brexit If you are a British company regularly importing and selling goods in the EU, […]
How to process EU (intracommunity) transactions in my Dutch VAT Return
In the Netherlands, companies are obliged to file their VAT returns. When a company performs international or European business activities (buying/selling) it is also obliged to file its intracommunity transactions. When companies fail to comply with the Dutch law regarding intracommunity transactions, they can be penalized. (READ MORE: How to get a Dutch Vat Number) […]
How to avoid paying VAT on imports in the Netherlands
Value-added tax on imports As you know, VAT is due on all goods and services. For EU-based companies, VAT is chargeable on most sales and purchases within the EU. However, VAT isn’t charged on exports to countries outside the EU. In this case, VAT is paid in the country of import. There are three options […]
Obtaining a Tax Ruling or request for Prior Consultation with a Dutch Tax Inspector
When doing business internationally, there is always a level of legal uncertainty. You might have questions about your intra-group transactions and how to divide your margins among the global offices (transfer pricing), or you might even want to discuss if you meet the substance requirements or can apply a tax incentive such as the participation […]
Starting A Business In The Netherlands: 10 Most-Asked Questions
As you might already know, starting a business involves making many decisions. This is especially true when you are looking to start a business in the Netherlands or another overseas business. We have listed and answered the 10 most frequently asked questions to get you up to speed in minutes! Any questions remaining? Just give […]
Sole proprietorship or BV?: The differences
If you are planning to start a Dutch business, you might be in doubt between a sole proprietorship or a BV. The sole proprietorship is typically used by residents of the Netherlands, but could in some circumstances also be used by global entrepreneurs and expats. In this article, we have prepared an overview of all […]
Advantages of using a Dutch holding company: One BV is no BV
Bolder Launch is an expert at structuring your corporate structure and deciding if your Dutch operations will request a Dutch holding company, or not. When you start a company in The Netherlands, you might hear of the suggestion to start a local holding entity as well. In fact, Dutch notaries have the saying: ‘one BV, […]
SSBI Charity Status For Dutch Foundation
Are you planning to start a Dutch Foundation, which will function as an NGO or charity? You can apply for non-profit status in several ways. The easiest option to obtain a non-tax (or NGO) status for a Dutch Foundation is the SBBI status. Your organization is a social interest-promoting institution (SBBI) if your organization primarily […]
Increasing your share capital
It’s not usual to increase the share capital of a company in the Netherlands or the number of shares if effectively no extra shareholders are involved. The informal share capital (share premium) is a very common alternative. Share capital and share premium are both considered to be part of the equity of a BV and […]
Brexit Scenario Planning in The Netherlands
Ever since Brexit was announced in 2016, Bolder Launch has been a key figure in Brexit scenario planning in the Dutch incorporation landscape. Bolder Launch has assisted over 100 Brexit entrepreneurs to establish a company in The Netherlands or to apply for a VAT/EORI number to continue their international trading (and import/export) activities. In 2018, […]
Why and how to start a Dutch Holding Company?
In this blog, we explore the reasons and explain how to start a Dutch Holding company in the Netherlands. Contact us to know more!
The minimum managing director-shareholder salary of € 45.000—explained
The Dutch tax authorities state that a managing director shareholder (DGA) must be paid a salary of at least € 45.000. This is not obligated! The Dutch tax authorities introduced this minimum salary requirement so that a Dutch B.V. can’t pay dividends to its DGA before at least € 45.000 of salary is paid to […]
The Dutch Private Company Formation Timeline
What’s the timeline and procedure of starting your Dutch BV in the Netherlands? We discuss more here!