You have probably heard about the Netherlands before, right? The small country located in the upper corner of the mainland of Europe, close to the UK. If you have thoughts about starting a business and you also wish to do this in a foreign country, preferably in Europe, then starting a business in The Netherlands is actually a really great option you have. However, you may indeed have heard of the country, but it is possible you don’t know a single thing about starting a business in The Netherlands and feel like a child after having lost their parents in the supermarket. A guiding hand in this case can be someone who is experienced in setting up Dutch businesses and who knows all about the Dutch laws. Luckily, such people exist and are working at lawyersinnetherlands.
What are the reasons for starting a business in the Netherlands?
Indeed there are several benefits that you can get when you have chosen for starting a business in the Netherlands. In order to answer the question what these benefits are, we have assembled a list highlighting just a couple of these advantages.
- When you have a business in the Netherlands, then you will not have to pay as much corporate taxes as you have to in other countries. In fact, the corporate tax rates in the Netherlands are among the lowest in the whole of Europe.
- The Netherlands is one of the founding members of the European Union, meaning it is also a member of the EU. Because of this, there are no value added taxes, i.e. VAT, for any transaction that is being made between your dutch business when starting a business in the Netherlands and another company registered in a country that is a member of the European Union.
- The Netherlands have a very strong economy. It was 4th is the global report of WEF and it ended in the first place in the list of European countries that have the most competitive and innovative economies.
- Due to their stable politics and economy, the country actually attracts quite a bit of international companies from numerous industries. This will allow you to benefit from the good international relations held with the Netherlands and other countries and companies.
- The business environment in the Netherlands is very attractive. In 2018, the small European country was even rated as the third best country in the whole world for business by Forbes.
Residency for starting a business in the Netherlands
Now we have covered why you should choose for starting a business in the Netherlands, it may also be a good thing to think about residency if you are seriously considering to start your own company in the country. If you are a citizen of the European Union, the EEA or if you are a citizen of Switzerland, then you have nothing to worry about. However, if you are from neither of these three, then you should look into the start-up permit and the self-employed permit for starting a business in the Netherlands.
Starting a business in the Netherlands also requires more decisions to be made and lots of work. That’s why it could be a good idea to get in touch with Lawyers in Netherlands to help you with starting a business in the Netherlands.
