Netherlands
NEWS
FACT FILE
Location Netherlands.
Time Zone GMT +1
Population 16,833,043 (January 2014)
Capital Amsterdam.
Airport Several, including Amsterdam, Rotterdam, Maastricht-Aachen.
Language Dutch.
Currency Euro.
Dialing Code +31.
Centre's Expertise Financial centre, tax treaty advantages, IP, holdings/headquarters.
Political System Constitutional Monarchy under a system of parliamentary democracy.
Legal System Civil (Roman) law.
Personal Income Tax Lowest bracket is 5.85%, top bracket is 52%
Corporate Income Tax Up to 25%.
Exchange Restrictions No.
Tax Treaties For full details, please go to www.ifcreview.com/TIEA
Permitted Currencies Any convertible currency.
Minimum Authorised Capital None (BV), €45,000 (NV).
Minimum Share Issues 25% of capital for an NV, €0.01 for a BV.
Shelf Companies No.
Incorporation Time Scale One day.
Incorporation Fees Around €1,250 for notary.
Annual Fees Around €7,500.
Minimum Number One.
Residency Requirements No.
Corporate Directors Yes.
Meetings/Frequency Not fixed.
Disclosure Only if single shareholder.
Bearer Shares NV: yes, BV: no.
Minimum Number One for a BV.
Public Share Registry No.
Meetings Frequency One per year minimum.
Annual Return Yes.
Audit Requirements Yes, if two of the following conditions are exceeded: average number of employees 50, balance sheet total of €4.4 million; turnover of €8.8 million.
Registered Office Seat or place of residence.
Domicile Issues Not normally possible to redomicile under domestic law. Possible to redomicile out under EU law.
Company Naming Restrictions Should be different from an existing company. Use of certain words is restricted.
ARTICLES
The Netherlands: A hybrid Instrument that Offers a Closed Fund for Mutual Account.
  Leo Neve looks at a popular hybrid investment vehicle, which is not only beneficial for pension funds, but also for private investors who are tax protected by Netherland’s double taxation agreements (DTAs (18/09/2017)
The Netherlands: Recent Financial, Regulatory and Legislative Developments
  Leo Neve and Mathieu Neve examines recent developments within the Netherlands financial sector. (01/08/2015)
The Netherlands: Competitive Development
  Following a hectic 12 months, Leo Neve examines the Netherlands efforts to adhere to international standards for the Exchange of Information. (01/08/2014)
Conduits in the Dutch Offshore Industry
  Leo Neve examines a position paper by the Dutch Secretary of Finance, which discussed international tax avoidance through the interposition of service companies. (01/10/2013)
Islamic Finance and the Curacao Private Foundation
  Priscilla Lotman and Tamara Stienstra examine the Curacao private foundation, along with changes occurring in the financial world, such as the growing demand for Sharia’a compliant financial products. (01/07/2013)
The Netherlands: the Flex BV and the Discretionary Trust
  Following recent legislation to provide for Discretionary Trusts in the Netherlands, John Graham, Graham Smith, provides an insight into the benefits and opportunities provided by these new services. (01/04/2013)
The Netherlands Tax Package 2012
  Leo Neve, Neve Tax examines recent legislative changes in the Netherlands (01/08/2012)
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FURTHER BACKGROUND INFORMATION
  Netherlands Tax Treaties
  Netherlands currently has 97 DTCs and 29 TIEA agreements in place. - read more...
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