People willing to work or develop a business abroad may discover that Holland offers great opportunities and rewarding experiences. From a job-seeker’s perspective Holland is praised for its high salaries and excellent living standards. On the other hand the country has numerous attractive sectors for investors planning to start businesses. According to the general statistics a large percentage of the internationals arriving in Holland intend to start their own companies. This is a concise overview of the procedures necessary to incorporate a company locally. Obtaining a residence permit Citizens of the EU, Switzerland and the EEA do not have to [...]
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How to incorporate a Dutch private limited company (PLC) as an international investor Holland is a popular European investment destination. The country’s economy is among the most developed in the EU, attracting numerous international entrepreneurs who feel right at home in Holland. They can take advantage of the incentives available to businesses in novel industries such as R&D, financial technology, blockchain & cryptocurrencies and renewable energy. Regardless of the field of activity of the investor, there are several steps involving legal requirements and other formalities that need to be completed for the purpose of business form registration. The procedures of [...]
The capital of Amsterdam: A great destination for international companies During the past three years a remarkably high number of companies have established new businesses in Amsterdam. In 2016 approximately 150 multinational firms opened offices in the Dutch capital’s urban area. This level of interest indicates that the city is a main business hub not only in Dutch context, but also on the European scene. The city attracts many foreign investors with the advantages it offers. Our Dutch lawyers can help you to open a local branch or a subsidiary of your international company. Amsterdam is a preferred location for [...]
How to set up a Business in Holland Holland is a preferred European business destination. Its high living standards, business ecosystem, access to international talent from the continent and connectivity attract investors planning to open new businesses. The process for incorporating a company in Holland is straightforward and involves few procedures, no matter what the preferred field of business is. The procedure can be summarized in several key steps that are briefly presented below. Choosing a suitable legal entity After you prepare a business plan, you need to pick a legal entity that suits your activities. This decision is [...]
Netherlands-Switzerland Double tax agreement The Netherlands and Switzerland have successfully drawn up a new agreement regarding the taxation of investment vehicles. This agreement serves as a clarification document for the tax treatment of some collective investment vehicles in both jurisdictions under the provision of the double tax treaty these two countries share. This agreement provides a number of tax advantages and reductions for investors or individuals that are dependant of income in both countries. Collective investment vehicle treatment under the double tax treatment The clarifications made for the double tax treaty between the Netherlands and Switzerland refer to fiscal investment [...]
NEW SCHOLARSHIPS TO ATTRACT FOREIGN STUDENTS A special education fund will be set up by the Dutch Ministry of Education and will be able to fund students up to the amount of 5 million EUR. The aim of this fund is to attract more foreign students to complete their studies at Dutch universities. The new scholarships will be available to a total of 1,000 students making it possible for them to apply for 5,000 EUR each to cover their study expenses. The universities will, in turn, cover half of the scholarships themselves. Minister of Education, Jet Bussemaker, believes that studying [...]
Good prospects for online retailers in The Netherlands People have become more satisfied with online retailers in the Netherlands during this year, especially in the holiday season. There was a significant improvement in this sector as compared to 2015 due to the country’s large amount of online shoppers. Dutch authorities and the banking community have devised a special and easier way for online shoppers to pay for their products, making it even more convenient. This is great news for foreign investors who want to invest in the online shopping sector. Dutch customers satisfied with online retailers Studies and online surveys [...]
Higher turnover for Dutch hotels and restaurtants The Netherlands is known for its beautiful sites and awesome tourist opportunities which is why it is such a hotspot for travelers. Due to this large surge of tourists that are attracted to the country, the economy has benefited from it in more than one way. Hotels and restaurants in particular have experienced a 1.3% turnover increase in the third quarter of 2016. This marks a wonderful opportunity for investors who are interested in the hospitality or catering businesses. Hotel industry in the Netherlands From the second quarter of 2016 to the third [...]
Amsterdam Awarded Prize for sustainability fund Amsterdam was recently awarded for its fund of sustainability at the 2016 year-end ceremony. The Amsterdam Investment Fund was described as being an “excellent example of innovation” and it will help improve the city’s its sustainability. The award is a tribute and recognition that is paid to the city’s efforts to decrease consumption of energy on a global scale. The Amsterdam Sustainability Fund Many Dutch companies have shown interest in investing in Amsterdam’s sustainability, but they claim to not have enough funds. The city of Amsterdam then organised this sustainability fund as a solution [...]
New agreement between Indonesia and The Netherlands A memorandum was signed between the Netherlands and Indonesia pertaining to matters of excise duty and various customs issues. The customs authorities of these two countries will improve and deepen their cooperation, as per the agreement, which will allow for better trade relationships. This treaty concerns foreign investors in both countries as well as import-export companies. The memorandum of understanding customs matters The Indonesian and Dutch governments concluded this agreement as a way for both states better the cooperation between them regrading customs matters. According to the new memorandum, the two countries will [...]