News. Stay up to date

Alert June 22, 2017

Proposed amendments to the DDWT regime for co-operatives and other Dutch entities

On May 16, 2017 the Dutch Ministry of Finance published its preliminary proposal to amend the Dutch dividend withholding tax (“DDWT”) regime as from January 1, 2018. Under current Dutch tax laws and regulations, public limited companies (“NVs”) and limited liability companies (“BVs”) are in principle obligated to withhold DDWT. On the contrary, Dutch co-operatives (“Co-ops”) are in principle exempt from this obligation to withhold DDWT. The (current) Dutch government (albeit care-taking in anticipation of a nearly to be formed government after recent elections) intends to amend such selective fiscal treatment of these legal forms and has therefore initiated proposals to amend Dutch tax legislation in this respect.

Read more »

Article May 8, 2017

Benut de mogelijkheden van Investeringsbeschermingsverdragen

De mogelijkheden van Investeringsbeschermingsovereenkomsten (IBO’s) worden door Nederlandse investeerders onvoldoende benut. Wanneer is het verstandig om in actie te komen?

Read more »

By Maarten van Buuren en Gerwin de Wilde

Alert April 21, 2017

A further step to an UBO register in the Netherlands

On March 31, 2017, the Implementation Act regarding the registration of the ultimate beneficiary owner of Dutch entities was made public in the Netherlands.

Read more »

Alert March 2, 2017

Annual accounts to be filed more promptly!

The European Accounting Directive (2013/34/EU) entered into force on June 26, 2013. This directive seeks to harmonize, simplify and modernize EU accounting law, reduce administrative costs for small and medium sized businesses and facilitate the comparison of annual accounts. The Dutch Parliament passed the bill on September 30, 2015 and the Accounting Directive Implementation Act (the Act) entered into force on November 1, 2015. The act applies to private limited liability companies (B.V.’s), public companies (N.V.’s), cooperatives, mutual insurance associations, (commercial) associations and foundations and non-Dutch companies subject to the Act on Companies Formally Registered Abroad. The alteration of most significance issued by the Act is the reduction of the extended production period and the ultimate filing period for annual accounts.

Read more »

Alert Feb. 7, 2017

New I.C.C. expedited arbitration procedure for small claims

New I.C.C. expedited arbitration procedure for small claims comes into force 1 March 2017 On 4 November 2016 the International Chamber of Commerce (“ICC”) announced its new Rules of Arbitration (“ICC Rules”) which will ...

Read more »