There comes a moment in many European businesses’ lives when internal resources just aren’t enough. Fueling expansion, solidifying growth, or transforming that brilliant idea into reality needs external support. Selling equity for an investment can make sense, but there are several other ways of structuring it. Let’s quickly go through the different options. If you […]
Category: Tax
Investing in Norway: personally or through a Holding AS?
Investment Strategies in Norway 2024: ASK Versus AS Since the introduction of the Aksjesparekonto or Share savings account (ASK) in 2017, the landscape of investing in Norway has evolved significantly, especially in 2024. This change has bridged the gap between personal and corporate investments, offering diverse options for both individual investors and corporate entities like […]
Netherlands’ 2024 Tax Changes – Key Takeaways for SMEs
As 2024 unfolds, SMEs in the Netherlands face a new tax landscape, shaped by the ambitions of Rutte IV and a proactive parliament. This article summarises the crucial tax changes impacting SMEs, ensuring businesses are well-informed and prepared. Key Tax Changes in 2024 Income Tax Adjustments: Box 3 Wealth Tax Revisions: Tax Benefits and Deductions […]
Entrepreneur’s Dilemma in the Netherlands: Business or Personal Tax Payment for 2023?
Explore a Dutch entrepreneur’s decision-making process for tax efficiency in 2023, weighing between business and personal tax options under the Dutch tax system, including the 30% ruling impact. Question: I’m seeking guidance on how to most effectively manage my tax payments for the year 2023. Here are some key aspects of my current situation: I […]
US Resident – Dutch BV salary and taxes?
Question: I’m looking for guidance on a business structure I’ve recently established. My business partner and I have formed a BV and Holding company. My partner, who lives in the U.S. and is a U.S. resident, shares equal ownership (50-50) with me in this company, and we both serve as directors. I’m curious about the […]
Norway Tax Budget 2024: Key Highlights
Below we will highlight the most important tax changes in the state budget that was announced today. We will break it down in corporate tax, VAT and income tax. Note that these are proposals and not yet final. Corporate Tax Employer’s Social Contribution: Operating Assets and Electric Vans: Interest Limitation Rules: Tax Exemption Practice: Taxation […]
Q&A: VAT in Dutch EU Operations (UK Ltd. main office)
Question: As the CEO of a UK-based enterprise that specializes in distributing consumer electronics to various regions in the UK and Europe, we’re contemplating expanding our operations next year by establishing a subsidiary in the Netherlands, with our main UK entity as the shareholder. We’re considering partnering with a third-party logistics center in a central […]
Key Proposals from Prinsjesdag 2023
Prinsjesdag is an annual event in the Netherlands where the government presents its plans for the coming year, including budget proposals and policy measures. Note that these are proposals and have yet to be approved by the Parliament. Here’s a summary of key proposals from Prinsjesdag 2023 aimed at understanding the complex Dutch system. Supporting […]
R&D tax breaks and incentives for businesses in Europe
Governments all over Europe want to attract innovative business activity. Those are businesses that perform ground-breaking research and development (R&D) activities. European countries, and the EU as a whole, give incentives to these businesses. For example to create a more technologically advanced economy, stimulate job growth or tackle climate-related challenges. Such incentives are offered through […]
Tax changes for businesses in the Netherlands in 2023
The Dutch government has announced several changes to the tax rules for entrepreneurs that will take effect in 2023 and some in 2024. These changes include an increase in corporate tax and a decrease in personal income tax. Find out more in the article below and contact us if you have any questions! Changes in […]
