Why (or why not) to move your company to Amsterdam
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Why (or why not) to move your company to Amsterdam
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Re: Why (or why not) to move your company to Amsterdam
#2If you run a successful business in holland, and pay yourself a salary out of it, your tax rate is over %70! And on top of that, you have %20 VAT. And this isn't even going into the manifold fees and other types of taxes you are subjected to.
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This comment is not spam. It had a nice positive score until the socialists arrived. Of course, socialists being unable to deal with reality (or history!) must censor those who point out simple facts that undermine their ideology. And so this comment has been downvoted to obscurity (-15 at this moment) to make it less likely others would be made aware of the high tax rates in holland.
This kind of dishonesty and censorship is why you can't have fruitful discussion on hacker news. The site is overrun by ideologues and moderated by ideologues and anything that doesn't strictly toe to the fascist modern ideology gets the boot.
Ok, just accept, though, that you're anti-intellectual in a very profound way.
When you can't tolerate people stating inconvenient facts, it's time to admit you're an intellectual coward.
Frankly, I think you're all shit. You've elected a guy who claims he has the right to kill any american with a drone strike, in america, without any due process.
And you're so proud of it! It's astounding. You should be ashamed. Profoundly ashamed.
But know this, it is your cowardice and intellectual dishonesty that caused the state of affairs we find ourselves in. Run away to amsterdam if you like, see how long it remains nice.
Re: Why (or why not) to move your company to Amsterdam
#3If you run a successful business in holland, and pay yourself a salary out of it, your tax rate is over %70! And on top of that, you have %20 VAT. And this isn't even going into the manifold fees and other types of taxes you are subjected to. ------------------------------- This comment is not spam. It had a nice positive score until the socialists arrived. Of course, socialists being unable to deal with reality (or…
20% of your net income, so it's half as bad :)
Plus, if your cool startup should not succeed and you get ill: Don't worry, everything will be fine :)
Re: Why (or why not) to move your company to Amsterdam
#4If you run a successful business in holland, and pay yourself a salary out of it, your tax rate is over %70! And on top of that, you have %20 VAT. And this isn't even going into the manifold fees and other types of taxes you are subjected to. ------------------------------- This comment is not spam. It had a nice positive score until the socialists arrived. Of course, socialists being unable to deal with reality (or…
You can't just add percentages like that...
Re: Why (or why not) to move your company to Amsterdam
#5If you run a successful business in holland, and pay yourself a salary out of it, your tax rate is over %70! And on top of that, you have %20 VAT. And this isn't even going into the manifold fees and other types of taxes you are subjected to. ------------------------------- This comment is not spam. It had a nice positive score until the socialists arrived. Of course, socialists being unable to deal with reality (or…
Tax rates in continental Europe can indeed be steep compared to UK and US. In the Netherlands the top rate is 'only' 52%, not 70%. Most people, especially company owners, pay much less.
Re: Why (or why not) to move your company to Amsterdam
#6Do they have some sort of startup visa in Netherlands? Something like UK's Tier 1 Entrepreneur perhaps?
Re: Why (or why not) to move your company to Amsterdam
#7If you run a successful business in holland, and pay yourself a salary out of it, your tax rate is over %70! And on top of that, you have %20 VAT. And this isn't even going into the manifold fees and other types of taxes you are subjected to. ------------------------------- This comment is not spam. It had a nice positive score until the socialists arrived. Of course, socialists being unable to deal with reality (or…
Why would you include corp taxes in that.
I looked at Amsterdam as a move and it was about the same as the UK and other European states, and as I have the max years in for the uk pension scheme I was temped to move to Holland to buildup a second pension there.
The lack of a VCT's, CGT exemption and taper relief is an issue for smaller investors - Seems to me that the ducth have a lot of german style Mittelstand companies and cgt/taxsystems is trageted at that .
and the 30% rule ie 30% of you salary is disregarded for 10 years for migrant workers is an amazing tax break(http://www.expatax.nl/30ruling.php#.UTnYdjfRqE8)
Re: Why (or why not) to move your company to Amsterdam
#8So, although I found the article a little bit light, I'm fascinated to hear anybody's experience of Amsterdam for solo entrepreneurs and creatives. I've been considering it as a place to live, work and play for a while.
E.g. what are the pros/cons of moving there for 3–6 months, assuming there are no plans to raise funding, hire staff or rent an office?
Re: Why (or why not) to move your company to Amsterdam
#9If you run a successful business in holland, and pay yourself a salary out of it, your tax rate is over %70! And on top of that, you have %20 VAT. And this isn't even going into the manifold fees and other types of taxes you are subjected to. ------------------------------- This comment is not spam. It had a nice positive score until the socialists arrived. Of course, socialists being unable to deal with reality (or…
Let's not make up numbers... Income tax is high here (not 70%) but you know, you get what you pay for. If you're American the 30% rule kicks in as long as you are here on a dutch american treaty visa or sponsored by a company. Any American can start a company here and get a 1 year visa. That's a pretty low barrier or entry compared to most countries. Corporate tax is also incredibly low, with a ton of benefits for the first 3 years you are a b.v. (dutch corp)
Re: Why (or why not) to move your company to Amsterdam
#10If you run a successful business in holland, and pay yourself a salary out of it, your tax rate is over %70! And on top of that, you have %20 VAT. And this isn't even going into the manifold fees and other types of taxes you are subjected to. ------------------------------- This comment is not spam. It had a nice positive score until the socialists arrived. Of course, socialists being unable to deal with reality (or…
Tax rates in continental Europe can indeed be steep compared to UK and US. In the Netherlands the top rate is 'only' 52%, not 70%. Most people, especially company owners, pay much less.
Yep. And only the income above ~ €56,491 will be taxed by 52% so your average tax rate will be much lower