Choosing the right location for your startup is a critical decision, and corporate income tax rates play a significant role in that choice. Different countries offer varying tax rates and structures, some more favorable to new businesses than others. This guide provides an overview of corporate tax rates in 24 countries, offering insights for entrepreneurs […]
Tax
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 […]
The Netherlands Innovation Box: Reduce Your Tax Burden on Innovation
The Netherlands is a highly attractive location for innovative companies, thanks in part to favorable tax incentives like the Innovation Box. Also known as the “patent box,” this scheme allows companies to pay a lower corporate tax rate on profits derived from innovative activities. What is the Innovation Box? The Innovation Box is a tax […]
A Guide to the WBSO – R&D tax credit – in the Netherlands
As a foreign entrepreneur doing business in the Netherlands, you have a valuable opportunity to reduce your R&D costs through the WBSO (Wet Bevordering Speur- en Ontwikkelingswerk) scheme. This tax incentive program is designed to stimulate innovation and research activities in the country. How the WBSO Works The WBSO offers a tax credit that reduces […]
Prinsjesdag: Key Tax Changes for Foreign Entrepreneurs in the Netherlands in 2025
Prinsjesdag, the annual presentation of the Dutch government’s budget, unveiled several proposed tax changes that could significantly impact foreign entrepreneurs doing business or considering doing business in the Netherlands. This article provides a comprehensive overview of the key changes announced on Prinsjesdag 2024, focusing on their implications for foreign businesses. Business taxation Personal Income Tax […]
The Best Countries to Start and Grow a Business in 2025
In this article The Best Countries to Start and Grow a Business in 2025 This article aims to identify the best places to do business globally by evaluating a comprehensive range of factors that contribute to a thriving business environment. We will analyze various countries across five key categories: Business Entry, Business Operations, Growth & […]
Transfer Pricing: Guide for Cross-Border Businesses in Europe
Navigating the complex world of international business taxation can be a daunting task for entrepreneurs, startups, and established businesses alike. One particularly challenging aspect is transfer pricing, a concept that plays a crucial role in determining the taxable profits of companies operating across borders. This guide will provide a comprehensive overview of transfer pricing, its […]
Rent Out My Norwegian Vacation Home Through a Company or as a Private Individual?
At NordicHQ, we often receive inquiries about the best way to manage vacation rental properties in Norway. Below is an example to illustrate the considerations you should think about when renting out such a holiday home in Norway. Client Question: I own a vacation home in Norway that I want to rent out through my […]
Denmark: A Top Choice for Startups in Northern Europe (2024)
When comparing startup ecosystems across Europe, particularly in Northern Europe, Denmark stands out as an exceptionally attractive destination for entrepreneurs in 2024. Denmark is not only the home to Europe’s most valuable company, it is also an attractive place for small businesses, startups and expats. Despite its reputation as a high-tax country, Denmark offers a […]
VAT Considerations when Starting an International Transport Business
At NordicHQ, we’re committed to helping entrepreneurs navigate the complexities of starting and running their businesses. Today, we’re looking into VAT implications for a new international transport venture. If you are looking for general rules about cross-border VAT, please use the module below: Cross-Border VAT Guide Are your transactions within or outside the EU? Within […]