Taxes in the Netherlands
Are you the owner of a private limited company (BV) or public limited company (NV)? Then you are required to file a corporate income tax return for your business. You can find the current rates on the website of the Belastingdienst. A reduced rate is possible for profits from (patented) intangible assets, also known as innovations. This is called the innovation box in the tax return form.
The advantages of the Dutch tax system are summed up below:
A large network of almost 100 bilateral tax treaties. This prevents that you have to pay taxes in multiple countries.
Clarity and certainty in advance about the fiscal consequences of large investments in the Netherlands.
A broad participation exemption (100% exemption for qualifying dividends and capital gains), which is vital for European headquarters.
An efficient fiscal unity regime, which provides for fiscal consolidation for Dutch activities within a group.
In most cases no withholding tax on outgoing interest and royalty payments.
For companies that want to hire employees from abroad, a scheme allows employers to offer a percentage of the employee's salary tax-free as compensation for the extra costs incurred by international employees when relocating to the Netherlands.
Although VAT in Europe is highly regulated, EU Member States are allowed certain freedoms. The Dutch system offers Import VAT deferment: no actual payment of VAT. In addition, we have a lot of experience with the international trade in products and have therefore experienced and specialised Tax and Customs staff. That makes doing business a whole lot easier.
Subsidies and incentives in the Netherlands
The Netherlands actively stimulates innovations and new ideas, and with that entrepreneurship and sustainable investments. We do this by offering a favourable tax environment for forward-looking companies. This makes the Netherlands a competitive location for companies worldwide.
The R&D tax credit, or WBSO, offers start-ups and innovative companies compensation for part of the wage costs and other expenses for research and development (R&D).
With the Energy Investment Allowance (EIA), companies can offset 45.5% of their investments in energy-efficient techniques and sustainable energy against their fiscal profit, on top of the usual depreciation. On average, this arrangement results in an advantage of 13.5%. It is worth noting that energy-efficient investments also result in lower energy bills.
The innovation credit offers innovative companies a credit for the development of new products, processes or services with a strong business case.
Financing options for innovations in Zeeland
In addition to the national incentives, the province of Zeeland offers various opportunities for innovative and growing entrepreneurs who want to invest in innovative ideas. We do this by providing assistance with funding and the right connections to funds and investors.
We manage various funds (loan or participation) with financing options and will ensure that you can optimally benefit from these opportunities. In addition, there are vouchers that can bring you a step further as an entrepreneur! For instance, for your innovative strength and process and performance improvement and in the field of circular and biobased technologies.
Impuls Zeeland is also your number one point of contact for several European Innovation Subsidies.
Read more on the webpage invest.
