The Netherlands is a very appealing business destination from several points of view. Foreign businesspeople highly appreciate the various and numerous types of structures they can employ for protecting their assets in the Netherlands. Among these structures, the Dutch foundation is known as one of the most popular entities which can be created for the purpose of asset protection.
American companies settling in Europe are increasingly opting for a country other than the Netherlands. "The Netherlands is not automatically the first choice anymore", Patrick Mikkelsen, director of AmCham, the American Chamber of Commerce in the Netherlands, said to newspaper AD.
The Americans are critical of the Dutch business climate and believe that the Netherlands should implement changes quickly. Criticisms include high corporate tax in the Netherlands, and planned changes to a favorable tax regulation for expats.
Just over half of Dutch entrepreneurs have experienced a period in which they faced financial- and personal problems, according to a survey by the Dutch Chamber of Commerce. About a tenth of entrepreneurs are currently facing these problems. The survey was conducted among 1,200 mainly smaller business owners, NU.nl reports.
At least 18 percent of the nearly 700 thousand freelancers in the Netherlands lost work over the past year due to a new law against false self-employment, Dutch newspaper Trouw reports based on a study by the Chamber of Commerce which publishes on Monday. That amounts to 122 thousand affected freelancers.
Sylviana Simons' new political party Artikel 1 was founded weeks before she announced that she was leaving political party DENK, the Telegraaf reports based on documents from the Chamber of Commerce.
Simons managed to keep her plans for resigning from DENK secret, while establishing her new party in time for the elections, by registering the new party on the name of cultural activists Bram Verhappen and Reguillo Wijngaarde, instead of her own, according to the newspaper.
The Dutch government loses out on billions of euros due to Dutch companies evading their taxes, according to union FNV, based on a study by SOMO, a foundation that investigates multinational companies
The number of Syrian businesses in the Netherlands grew by 23 percent to 947 last year. The number of Iraqi businesses grew by 20 percent to 3,356, the Kamer van Koophandel, the Dutch chamber of Commerce
UberPop drivers are evading taxes by not charging VAT for the trips they make. According to Uber, it is impossible to charge VAT as the UberPop drivers are not registered with the Chamber of Commerce.
Justice along with the tax investigation service FIOD raided the media company of Peter Jan Rens in the Stompetoren, North Holland. Three men were arrested, Rens is not among them.
Air France-KLM is creating a new discount airline to compete with the likes of RyanAir and EasyJet, the union representing Air France's pilots told newspaper Le Parisien. The news comes a week after the union ended an impactful strike over cutbacks at Air France and the firm's investment in budget airline Transavia, a work action that grounded flights for two weeks in September and cost an estimated €400 million.