The Netherlands is one of the hottest countries to set up a business. It offers a ton of benefits to both established companies to expand and startups. There is tremendous potential in this tiny European nation. If you have an innovative business idea, you need to set up a shop in the Netherlands. Besides, starting an own business in Holland is easier than one might think. This post takes a look at the top reasons why you should set up a business in Holland. Let’s get started.
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1. Low Corporate Tax
One of the best things about having a Dutch business is that you only have to pay a 16.5 percent corporate tax which is considered to be one of the lowest in all of Europe. This means that if you have a good business idea, you can make a ton of money in the country. With intercompanysolutions.com, it is easy to get started.
2. No VAT for EU Transactions
Another great thing about starting a business in Holland is that there is no VAT for transactions made with EU member nations. This makes it profitable to do business in the Dutch nation. You will find it to be cost-effective, especially if you want to have a business in Europe. It truly pays to have a business in the country.
3.Top Country to Do Business Globally
The Netherlands is ranked at the top for doing business worldwide every year. It was placed in fourth place in 2018 by Forbes. This shows just how beneficial it is to have a business in Holland. As the process is quite straightforward, you should not have much difficulty setting up a business as long as you are legally eligible. However, you can still look up other options with the help of a company that assists with setting up a business in the country.
4. Highest Number of Global Double Taxation Treaties
In addition to the above, Holland is also known for being a country that has the highest number of global double taxation treaties. If you are an expert or someone who lives in different parts of the world, you will truly benefit from this as you would only be required to pay tax in the Netherlands on money earned in the country.
5. Founding Member of the EU
The Netherlands is one of the founding members of the EU. This means that it is at the forefront of EU deals. It benefits from amazing EU plans and global recognition. Being the founding member of the European Union truly pays off in large dividends as the Netherlands has real power at the European Council and negotiates deals for Dutch businesses. Besides, Dutch businesses enjoy amazing representation worldwide.
Now that you know why it is a good idea to start a business in Holland, it is about time that you started looking up your options. Sometimes, all you need to do is hire a company to help you set shop in the country.