The 2025 corporate tax rates will remain the same as for 2024:

Corporate tax 2024	2024
First bracket up to € 200.000	19%
Second bracket from € 200.000	25,8%

It isn’t hard to find reasons to move and start a business in the Netherlands or to move to the Netherlands with your business.The Dutch are known for having a good business climate. Not only is there good infrastructure, good healthcare and education, but the Dutch government actively promotes foreign direct investments. Here are a few things you will have to consider or do, when setting up a business in The Netherlands!

Structure

When bringing your business to The Netherlands or starting a business in the Netherlands, you will have to choose the right business structure for your business. We can help to determine which structure suits your company best. It can have a very big impact on your tax liability.

Registration

It sounds pretty straightforward, but yes, the first step if you want to set up your business in the Netherlands is to register with the Chamber of Commerce (KvK) and also with the Dutch Tax Office (Belastingdienst). We are happy to do this on your behalf. The communication with the Dutch Tax Office especially as a foreigner, can be time-consuming and complicated when having just moved country for example.

Eligible

It is wise to check if you are eligible for the Dutch tax benefits and deductions. Here is an overview of the available deductions:

• Self-employed deduction: This is a fixed deduction for self-employed entrepreneurs who meet certain conditions resulting in lower income tax.
• Starting deduction: This is a deduction for starting entrepreneurs, who qualify for the self-employed deduction. This applies for the first three years of business.
• SME Profit Exemption:  A percentage of the profit from small and medium-sized enterprises (SMEs) is exempt from tax. This reduces taxable profit and thus the amount of payable tax.
• Small Businesses Scheme (KOR): If your annual turnover is less than €20,000, you may qualify for the KOR. This means you do not have to pay VAT, but you also cannot reclaim VAT.
• Investment Deduction (Investeringsaftrek): This includes the small-scale investment deduction (KIA), energy investment deduction (EIA), and environmental investment deduction (MIA). These deductions are designed to encourage investments in business assets, energy-efficient, and environmentally friendly technologies.
• 30%-ruling: click here to view the most recent update, as the ruling has undergone a lot of changes recently. This favourable ruling allows the employer to reimburse 27% of the employee’s gross salary tax-free.

There are various requirements for these tax benefits and rulings. We can help you check if this applies in your situation and if you are eligible.

Complete service

Not only can we help you with registering your business and helping you choose the right structure for your business in the Netherlands, but also afterwards it is important to keep up to date with the latest changes in the Dutch tax laws. Finally, there are quarterly and yearly tax returns that will have to be filed. We would be happy to look after these as well. We offer a complete service, from setting up your business, to filing the needed returns and making sure your business is gaining maximum tax benefit, yet is tax-compliant as well. Contact us now!

In the Netherlands, Budget Day, known as Prinsjesdag or ‘Prince’s Day,’ takes place on the third Tuesday of September. During this event, the King delivers the Speech from the Throne, which officially marks the opening of the parliamentary year. The speech outlines the goverment’s main plans and priorities for the upcoming year.

Third Tuesday in September

Initially, Budget Day (Prince’s Day) was held on the first Monday in November, and later moved to the third Monday in October. However, this schedule didn’t provide Parliament with sufficient time to finalize the national budget before the January 1 deadline. As a result, in 1848, Budget Day was rescheduled to the third Monday in September. Not everyone, however agreed with this change! Members of parliament living outside The Hague needed to begin their journey on Sunday to arrive on time, which was particularly problematic for Protestant politicians who objected to traveling on a Sunday. Consequently, in 1887, Budget Day was moved to the third Tuesday in September.

Bit of history

The name Prince’s Day (Prinsjesdag) originates from the 18th century during the time of Prince William V, whose birthday on March 8th was celebrated as Prince’s Day. During the French occupation, supporters of the House of Orange-Nassau expressed their loyalty by continuing to celebrate this day.

The exact reason why the name Prinsjesdag was later associated with the opening of Parliament remains unclear. Despite this, it continues to be a day for people to show their affection for the royal family.

Budget day

So what actually  happens on Budget Day? On Budget Day, the King will travel in the Glass Coach to the Royal Theatre in The Hague, where ministers, state secretaries, members of parliament, and other guests will be gathered.  Since 1904, the head of state (the King or Queen) has traditionally delivered the Speech from the Throne in the Hall of Knights, outlining the government’s main plans for the upcoming year. Following the speech, the Minister of Finance presents the House of Representatives with a summary of the costs associated with the plans announced in the Speech from the Throne. This year however, like the year before, the speech will be in the Royal Theatre due to renovations at the Binnenhof.

Would you like to know what the impact of the decisions of Budget day will be on your taxes? Then contact us now!

Suurmond Tax consultants

Untaxing taxes!

New country, new tax system. Even if taxes aren’t the first thing you think about when moving country, they can become pretty important soon enough. Here is a brief overview of the Dutch tax system in the Netherlands, and how it works.

In what circumstances do I have to pay tax?

In the Netherlands, you have to pay taxes if you earn income while living in the Netherlands. So even if you are temporarily residing in the Netherlands as an expat, if you earn income from abroad, this will have to be declared in the Dutch tax return. Even if you don’t live in the Netherlands but if you work in the Netherlands, you will be taxed.

What kind of taxes are there?

Income tax

The first and most common tax is income tax. This means you declare your income in an annual tax return, which is called ‘aangifte inkomstenbelasting’. The deadline for this tax return is the first of May of the following year. If you are employed by a company, your income tax is automatically withheld from your salary by your employer. This withholding is known as wage tax and is included within payroll tax. However, if you are self-employed in the Netherlands, you are responsible for calculating and paying your income tax through the annual tax return process.

If you need to file a Dutch tax return, the Tax Office will send you a ‘aangiftebrief’, inviting you to file a tax return, for the previous year. If you don’t receive a letter, it is either because you don’t have to file a tax return, or because the Belastingdienst did not think it necessary to complete a form. However, sometimes interesting tax deductions can be applied and save you money, wherefore it is wise to (sometimes)  file a tax return on your own initiative. Read more here.

Income tax

Payroll tax, withheld from an employee’s salary by the employer, includes wage tax and national insurance contributions for pensions, unemployment, and other benefits. This monthly deduction saves employees from paying income tax later.

VAT tax

This is known as BTW or omzetbelasting in the Netherlands. All businesses, except certain foundations and associations, must include BTW in their pricing. The three BTW rates are 0%, 9%, and the most common, 21%. The BTW is declared via the ‘BTW aangifte’, which is to be filed each quarter.

Corporate tax

This is called vennootschapsbelasting. This is for businesses that are in the Netherlands and also to those that receive income from the Netherlands and are established abroad. On kvk.nl is a useful income tax calculator, so you can see what the effects of the 2024 have on your income.

Corporate tax

If you live abroad and the testator lived in the Netherlands, this means you have to pay Dutch inheritance tax, by filing an inheritance tax return. The other way round though, no inheritance tax has to be paid in the Netherlands. Read more here.

Corporate tax

If you have to pay gift tax, this will have to be filed in a separate gift tax return. There are many situations however, when you don’t need to pay gift tax. For example, if you receive a gift from abroad, and if the gift is from a non-resident or a resident that has emigrated more than a year ago, no gift tax has to be paid. If the gift is received from a person with the Dutch nationality, different rules apply. Read more here.

Transfer tax

Interestingly, there is no capital gains tax in the Netherlands yet! Transfer tax is also known as overdrachtsbelasting, which has to be paid when you buy a house or a department. Finally there are taxes such as gambling tax, motor vehicle tax and import tax.

Tax help

When you are new in the Netherlands, or your income tax return is more complex if for example you have assets abroad, a house in the Netherlands or you need to file an M-form, it is wise to hire a Dutch tax advisor or tax accountant. We would be happy to help you with your taxes!

Suurmond Tax consultants

Untaxing taxes!

We use Secudoc to guarantee the safe transfer of larger files and documents. If you want to send your files via Secudoc, please send us a request by email. You will then receive an email with a link that leads to the Secudoc upload page. After you upload your files, we can download your uploaded files only by using two-step verification. This provision is especially practical with a larger number of attachments or large files that cannot be sent in one e-mail.

Entrepreneurs can apply for the small business and/or starters deductions and research and development deduction. To be considered for these deductions, you will have to work as an entrepreneur for at least 1.225 hours a year. In case you have a part time employment besides your own business, more hours need to be spent on your enterprise than the part time job. If it is not altogether clear that you make the required number of hours, then make sure you register the hours related to your business.

The investment deductions, SME profit exemption as well as the depreciation facilities are also possible without the hours criterion. For the energy and environmental facilities, as well as the RDA (research and development) you have to make an application before the expense is made. For more information about thresholds, ceilings and criteria, please contact us.