VAT IN NETHERLANDS

Value added tax is a percentage of the value of a good, service or work that is charged by the government. VAT in the Netherlands is generated at every stage of production. Payment of the total amount occurs upon the sale of the goods.

VAT rates in the Netherlands

Each country has its own value added tax rate. Its formation is conditioned by the success of the economy. VAT in the Netherlands is levied on both goods produced in the country and imported.

The interest rate DS Netherlands has two types:

Standard at 19%.

Reduced - 6%. Applies to a specific range of products and services.

It is important to correctly calculate the value added tax, and pay it on time, on the date set by the state.

VAT registration

In order to pay VAT properly the Netherlands needs to go through the tax registration process. To do this, you need to obtain a VAT registration number, set the amount of VAT in Netherlands, which is due to your company and with which you will tax the product or service. The EU countries have a fairly flexible and comfortable tax payment system. You can make payments every month or quarterly. It is also necessary to submit an annual report on their activities.