full service
company
formation
OUR SOLUTIONS
INCO Business Group provides incorporation services in The Netherlands.
We offer SMEs and Multinationals a dedicated Incorporation Team to access the Netherlands market at fixed fees and low budgets.
Our aim is to guide your company towards its first major milestone in order to get fully independent. Typically this involves the appointment of a local Country manager or opening a physical location such as a warehouse or (sales) office.
Our clients have different types of business, different backgrounds, different goals and even different budgets. But they all have one thing in common; they want to do business in the Netherlands. And help them accomplish that!
No. 1 Company Formation Agent in the Netherlands
VAT
Overview
Overview of VAT in The Netherlands
If you set up a business in The Netherlands, it’s important to consider the VAT (Value Added Tax) requirements and to understand how VAT works in The Netherlands.
Companies conducting business with or from the Netherlands are in most cases liable for Dutch VAT. When a company is liable for Dutch VAT they will have to obtain a VAT number (please see our article how to obtain a Duch VAT number)
Once your company has obtained a VAT number or started its business in The Netherlands, it should consider the following VAT requirements::
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Keeping a proper account and records. These must be kept available for at least 7 years;
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Issue and process credit notes and other corrections when applicable;
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Applying the correct VAT rates;
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Filing ICP returns, covering you intra EU-community transactions;
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etc.
VAT tariffs in the Netherlands
In the Netherlands there are 3 VAT rates applicable:
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0% rate
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9% rate
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21% rate
0% rate
The 0 percent rate is applicable to entrepreneurs conducting business from the Netherlands to foreign countries. For example:
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The supply of goods from the Netherlands to another EU country;
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Services provided within the Netherlands, for example, services related with cross-border transactions;
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International transport of passengers.
More information about the 0% rate can be found on the website of the Belastingdienst and on this website.
Please note that when the 0% rate is applicable you can still deduct VAT. When a company is VAT exempt this company cannot deduct VAT.
9% rate
As from the first of January 2019 the low rate of 6% is increased to 9%. The 9% rate is applicable on basic necessities of life, such as:
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food
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drinks
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agricultural products and services
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medicines
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books
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etc
At the website of the Belastingdienst you can find an extensive overview of the type of goods and services to which the 9% rate is applicable. This list is only available in Dutch.
21% rate
When the 0% or 9% rate are not applicable then you must charge the standard VAT rate of 21%.
YOUR BUSINESS TOOLKIT
FREE ACCESS TO ALL THE THINGS YOU NEED TO KNOW
Our experts have combined their knowledge and strengths to create a tool we call the Business Toolkit.
The Business Toolkit will help you and entrepreneurs from around the globe to truly understand the Dutch market, regulations and laws. And will enable you to take a deep-dive into the topics displayed below.
This way you will easily get up to speed with our Company formation process, Dutch Tax & Accounting and our corporate services.
Make sure to check out our handy checklists, explainer video's and extensively written Whitepapers too!