Description

At the start of your Dutch busines, you will have many questions on the Dutch business customs and regulations.We will guide you on all aspects. Our company offers a broad scope of corporate services to companies in the Netherlands.

We are specialists of local accounting principles (Dutch GAAP) and IFRS and have full knowledge of the consolidation and audit requirements in the Netherlands.

The accounting standard is an important factor. The notes to the financial statements are a lot more extensive under IFRS than under Dutch GAAP. Therefore the application of IFRS is more expensive. The use of Dutch GAAP for a Dutch company whereby there is a consolidation at a higher level under IFRS should in principle possible.

The size of the Dutch company is relevant because for medium and large sized companies an audit and consolidation can be required. The size of a company is determind on the basis of the parameters: number of employees, turnover and assets. Hereby the number of employees, turnover and assets of (in)direct subsidiaires also have to be taken into account. In case of a consolidation at a higher level, there is possibly an exemption from audit/consolidation. Under article 2:408 Dutch civil code allows under such circumstance to determine the size of the Dutch company without assessing the subsidiaries. Many holding companies qualify micro or small sized under application of this section.

The activity level of the business, i.e. the number of agreements and invoices determines the number of bookings. Nowadays many processes can be automated. Though still the activity level is an important factor in the final reporting expenses.

The use of capital is less laborious than loans. Therefore, the use of capital often brings savings on bookkeeping and accounting expenses in comparison to financing.

Details
  • Price

    600 Euros EUR

  • Language

    English, German, Italian, Spanish

  • Experience

    > 9 years

Countries
Place of the Office

Amsterdam

Contact Form

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