Land of the tallest people in the world, most beautiful tulips and cheeeeeseee ;))
Establish your company in a „cheese country“ Netherlands
- Capital city is Amsterdam
- The total area is 41,548 square kilometers and a population of nearly 17 million Inhabitants
- At present, it is a constitutional monarchy with a bicameral parliament
- The Netherlands is a member of the European Union, UN, NATO and other organizations
- Holland is a very popular European tourist destination. Many, not only young people are heading to Amsterdam for knowledge and entertainment
Why Netherlands is good for your business?
- The Netherlands is one of the oldest jurisdictions, offering tax benefits to international companies.
- It ranks among the onshore land and can be described as a country with a very interesting system of company taxation.
- There are a number of business entities that are tax-advantaged in some way, making them ideal for use in the field of international tax planning.
- The popularity of Dutch companies demonstrates their use as a parent company for the management of the subsidiaries, which is due to very favorable system of treaties on avoidance of double taxation with other countries.
- It also offers a very stable environment with a highly developed legal system and high image of the company.
- Most often used companies are Besloten Vennootschap (BV), which represents our company with limited liability, and Naamloze Vennootschap (NV), which corresponds to our company.
- The minimum capital is one share, so it is more formal, rather than requires a serious investment
- Companies have an obligation to keep headquarters in the Netherlands.
- Register of companies is publicly available, so companies offer low rate of anonymity.
- Like in every European destination, some paperwork is required. Firms must keep bookkeeping and file tax returns. When certain conditions are also subject to audit.
- The basic tax rates on corporate income are 20% and 25% depending on the amount of taxable income. The lower rate applies to taxable income up to 200 000.
- The reason why the Netherlands is often chosen as the headquarter of the parent company, is the absence of withholding taxes on dividend payments. Although the basic withholding tax rate is 15%, the effective use of treaties on avoidance of double taxation can eliminate this tax. VAT rate is set at 0%, 6% and 19%.
- The Netherlands has an extensive system of agreements on avoidance of double taxation, which has also concluded with the Czech Republic. Good for international businesses!