More information?
Peter de Heer
+31 (0)88 2055 096
Brexit & the Netherlands
The UK left the EU on January 1, 2021 with a deal. Are you engaged in business activities with the United Kingdom, or from the UK to another country? Then make sure you are prepared for doing business with a country outside the EU. The articles in this hub will explain some of the most important changes Brexit has on VAT, business law, global mobility, taxes and privacy.
Changes to VAT for UK Businesses Selling to EU
If you are a UK business that trades with EU buyers or suppliers, then you should be aware of the new VAT rules. We explain what Brexit means for selling goods to the EU, buying good from the EU and VAT on services.
Read moreChanges to VAT for EU businesses selling to UK
The withdrawal of the UK from the European Union has VAT consequences if you do business with British buyers or suppliers. Now that Brexit is official it is time to outline the new rules.
Read moreImporting From the UK After Brexit: Article 23 Permit
Because the UK is no longer part of the EU’s customs union, VAT will now be due on import, in addition to any customs duties. The VAT due on import and any customs duties must be paid to Customs authorities when you submit the import declaration. This means that you actually pay this VAT in advance and only get it back at a later date. You can prevent this by using a so-called Article 23 permit.
read moreUK’s Border Operating Model Published
Some key takeaways which businesses will need to focus on include but are not limited to: import and export declarations, EORI numbers, Duty and VAT payments, and commodity codes. Impacted businesses are encouraged to start planning as soon as possible.
Read moreFinancing a Dutch BV in Response to Brexit
As a result of Brexit, many businesses have decided to open a branch in the Netherlands. This way they continue to have access to the European market, and with that the four European freedoms remain within reach. Free movement of people, goods, services and capital contribute to easy business within a single European market.
Read moreSetting up a Dutch Private Limited Company (BV)
After Brexit your business interests with mainland Europe deserve to continue like ‘business as usual’. To preserve your company’s footprint within the EU, it’s worth considering setting up a Dutch company within your corporate structure and moving your European business to the Netherlands.
Read moreExport of CE-marked Goods to Great Britain
Do you export goods to Great Britain with a CE marking? After Brexit a CE marking is no longer a ticket to the British market. British rules for product safety and product liability will apply from 1 January, 2021. How do you ensure that you can continue to export goods to Great Britain after Brexit?
Read moreProduct Liability for Imports from Great Britain
An important consequence of Brexit is that importers will become liable for defects and product safety of goods imported from Great Britain. There are some important things to keep in mind when importing to EU from Great Britain.
Read moreUpdate on Social Security Coverage for Detached Workers after Brexit
Detached workers (assignees) can remain covered in their home country while being on assignment in the host country if the duration of the assignment does not exceed 24 months and the employee is not sent to replace another detached worker.
Read moreResidence and Work Permit in the Netherlands after Brexit
Brexit has consequences for any British citizens who want to work in the Netherlands as of 2021. UK-citizens who are registered in the Netherlands keep their rights to residence, employment and study. As of 1 January 2021 the UK citizens who are registered in the Netherlands before 2021 will need a residence document.
Read moreTransfer Pricing and Business Restructurings
Due to Brexit, certain business activities or goods may have moved from or to the UK that were not previously there. Such changes can have profound tax and transfer pricing effects that have to be considered.
Read moreTax Residency and Substance in the Netherlands
If Brexit has determined that it is better to move your company to the European continent, then the Netherlands is a good option. However, it is important to know what it takes for an entity to become a tax resident of the Netherlands.
Read moreConsequences of Brexit on GDPR
UK companies doing business in the EU as well as EU companies doing business in the UK could be affected by Brexit when it comes to processing personal data. In this article we will outline the impact of Brexit on the transfer of personal data between the UK and the EU and vice versa.
Read more