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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

#51
post #33

Earlier quoted context omitted.

Dublin? Everyone in Ireland (well 99.99%) speaks English as their first language. Some people even speak Irish ;)

Isn't Dublin a part of England though? ;) But good catch... I meant countries where English is not already the native language.

> I meant countries where English is not already the native language.

English isn't the native language in the Scandinavian countries or Finland, and yet most of us speak English fluently :)

Re: Why (or why not) to move your company to Amsterdam

#52

Earlier quoted context omitted.

Can you give a ballpark on rent figures? Also on average 'take home pay' for jobs

Here's an overview with pictures and prices. Remember it's cheaper 30 min outslide of the city. http://www.funda.nl/huur/amsterdam/sorteer-huurprijs-op/p8/ Edit: What kind of jobs exactly?

Thanks for the link

This prices are not expensive

Ok, let me be more specific

- Sw developer makes how much, and that's how much after taxes?

- Senior Sw/Tech lead makes how much, takes how much home?

For reference, here's Dublin:

- Sw dev jobs pay around 3k to 5k per month, taking home btw 2k and 3k for that interval

- A small flat, city center, 1 bedroom can go between 600 to 900, if you go a little further you can have a better price per bedroom. (even get a house for 1400 in some locations)

Re: Why (or why not) to move your company to Amsterdam

#53
post #44
post #33

Earlier quoted context omitted.

Isn't Dublin a part of England though? ;) But good catch... I meant countries where English is not already the native language.

Just for the record: No, it's not part of England ;-) The Northern Ireland (its capital Belfast) is part of the United Kingdom of Great Britain & Northern Ireland, alongside with England, Scotland, and Wales. Dublin is a capital of the Republic of Ireland, which is on the south, and is a separate country (TLD .ie :) which uses euro as the currency, contrary to the UK's pound. I am being a bit pedantic with since the…

Just for the record, I was being facetious. My apologies if I misjudged the freshness of the wound.

Re: Why (or why not) to move your company to Amsterdam

#54
post #44
post #33

Earlier quoted context omitted.

Isn't Dublin a part of England though? ;) But good catch... I meant countries where English is not already the native language.

Just for the record: No, it's not part of England ;-) The Northern Ireland (its capital Belfast) is part of the United Kingdom of Great Britain & Northern Ireland, alongside with England, Scotland, and Wales. Dublin is a capital of the Republic of Ireland, which is on the south, and is a separate country (TLD .ie :) which uses euro as the currency, contrary to the UK's pound. I am being a bit pedantic with since the…

[deleted]

Re: Why (or why not) to move your company to Amsterdam

#55
post #15

Also factor in the time you're going to be spending learning Dutch. You'll probably get by with English alone since everyone will speak it with you, but it's certainly less than optimal.

Actually quite difficult to learn Dutch. Just about everybody will start to talk English to you when they notice you're from UK/US.

The few people I know who have spent time in Amsterdam also had the same comment. To the point that it was a running joke.

Re: Why (or why not) to move your company to Amsterdam

#56
post #37

Earlier quoted context omitted.

Seeing that your from Copenhagen; how is the expat community there? Here it feels very thriving, lively and well-functioning, but quite insular because on the one hand we make it so easy to get by with English alone but on the other hand we don't truly accept people into our social circles unless they speak Dutch. Can you relate to that?

Yes and no - the Americans I know who live here are generally very happy with it. Some are so used to being able to speak English everywhere in Denmark that they live here for years without getting to know the language. But I would definitely recommend people who live here for a longer time (two or more years) to learn a little Danish. It's not that hard, and they can use their knowledge of Danish to easily learn sim…

That sounds very similar to here; although here learning the language usually starts closer to the 4 or 5 year mark.

Once again I'm forgetting Denmark as 'the other country that is so much like ours.'

Re: Why (or why not) to move your company to Amsterdam

#57

Earlier quoted context omitted.

Here's an overview with pictures and prices. Remember it's cheaper 30 min outslide of the city. http://www.funda.nl/huur/amsterdam/sorteer-huurprijs-op/p8/ Edit: What kind of jobs exactly?

Thanks for the link This prices are not expensive Ok, let me be more specific - Sw developer makes how much, and that's how much after taxes? - Senior Sw/Tech lead makes how much, takes how much home? For reference, here's Dublin: - Sw dev jobs pay around 3k to 5k per month, taking home btw 2k and 3k for that interval - A small flat, city center, 1 bedroom can go between 600 to 900, if you go a little further you can…

If you take into account the 30% expat tax discount (which you should make sure you get at all costs) then here it's about 4 to 6k per month with take home of between 3k and 4.5k and a similar 1 bedroom apartment would be around 900 to 1200.

Re: Why (or why not) to move your company to Amsterdam

#58

Earlier quoted context omitted.

Here's an overview with pictures and prices. Remember it's cheaper 30 min outslide of the city. http://www.funda.nl/huur/amsterdam/sorteer-huurprijs-op/p8/ Edit: What kind of jobs exactly?

Thanks for the link This prices are not expensive Ok, let me be more specific - Sw developer makes how much, and that's how much after taxes? - Senior Sw/Tech lead makes how much, takes how much home? For reference, here's Dublin: - Sw dev jobs pay around 3k to 5k per month, taking home btw 2k and 3k for that interval - A small flat, city center, 1 bedroom can go between 600 to 900, if you go a little further you can…

Here are a few jobs like that in Amsterdam: http://www.itjobboard.nl/IT-Jobs/Software%20Developer/Amster...

Re: Why (or why not) to move your company to Amsterdam

#59

So, 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?

Weather is shit almost the entire time. There are more shops selling weed than daily staples like bread and milk. The rent and the taxes are both very high.

> Weather is shit almost the entire time.

I'll give you that one.

> There are more shops selling weed than daily staples like bread and milk.

In case you're not trolling; it seems like you're describing Amsterdam's inner city center which is mostly just a large tourist attraction.

Go a bit further out and a coffee shop will be a relatively rare sight and there will be an Albert Heijn on every corner.

> The rent and the taxes are both very high.

We have quite a generous 30% tax deduction for expats. It makes our tax rates quite competitive.

Re: Why (or why not) to move your company to Amsterdam

#60
post #7
post #2

If 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 compa…

Also, if you're Dutch, entrepreneurial and working in IT you will usually be a freelancer.

That means that you get to deduct expenses on working equipments, business lunches, hosting, travel costs, etc.

On top of that if you're in an innovative industry you'll get another €20k or so tax deduction (WBSO & RDA.)

In general that means that for innovative entrepreneurs it's fairly easy to get to an effective tax rate of about 10%.

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