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Netherlands
NEWS
FACT FILE
Location Netherlands.
Time Zone CET
Population 16,000,000.
Capital Amsterdam.
Airport Schiphol (Amsterdam), Rotterdam, Eindhoven.
Language Dutch, many speak English.
Currency Euro.
Dialing Code 31.
Centre's Expertise
Political System Democracy, two houses of representatives.
Legal System Civil code.
Personal Income Tax Max 52%.
Corporate Income Tax 25.5 %.
Exchange Restrictions No.
Tax Treaties Andorra, Anguilla, Antigua and Barbuda, Bermuda, British Virgin Islands, Cayman Islands, Cook Islands, Guernsey, Isle of Man, Jersey, Liechtenstein, Samoa, St Kitts and Nevis, S. Vincent and the Grenadines, Turks and Caicos.
Permitted Currencies Euro.
Minimum Authorised Capital €18,000.
Minimum Share Issues 20% of authorized, 20% paid in, minimum €18.000.
Shelf Companies Yes, limited.
Incorporation Time Scale 3 weeks after completion of documents.
Incorporation Fees €2,000.
Annual Fees €3,500.
Minimum Number One.
Residency Requirements None.
Corporate Directors Yes.
Meetings/Frequency Once.
Disclosure No.
Bearer Shares Yes, for NV companies.
Minimum Number One.
Public Share Registry No.
Meetings Frequency Once.
Annual Return Yes, balance sheet for small companies.
Audit Requirements Depending on size.
Registered Office Yes.
Domicile Issues None.
Company Naming Restrictions Yes.
ARTICLES
European Union and the Hunt for the Tax Cheat
  A look at legislative movements in Austria, and the impact of tax transparency on banking secrecy in this famously discreet jurisdiction. (27/02/2010)
Netherlands: New system for inheritance tax
  Leo Neve outlines the main features of the proposed new system for inheritance tax. (01/06/2009)
The intangible economy
  Burke Files assesses the growing importance of intellectual property and critical information in global commerce. (01/01/2008)
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