On the first of January, a new law went into effect: the Dutch ‘Trust Law 2018’. This law will be supervised by De Nederlandsche Bank (The Dutch Central Bank) and has far-reaching consequences for anyone working in the advisory sector, as well as providers of registration addresses. In short: it is now illegal for parties that offer advisory services to refer their clients to a party that offers a registration address. How and why? We will explain everything in this article. The old vs. the new trust law According to the old trust law, any party offering legal assistance, [...]
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Advantages of establishing a Dutch business Holland is famous all over the world for the advantages it offers to entrepreneurs. Numerous global entrepreneurs and investors have considered to start businesses in the country. The present guide explores Holland as an environment for setting up a company. The advantages of starting a business include: 16.5 percent corporate tax, one of the lowest rates in Europe; VAT is not charged for transactions with EU member states; According to Forbes (2018) Holland is the fourth best country for business worldwide; Holland has the highest number of double taxation treaties worldwide; Holland is a founding [...]