Netherlands
Netherlands is one of the 27 Member States of the European Union.
Basic VAcTs
Latest update | 01.06.2024 |
Country ISO Code | NL |
EU Member State | Yes |
VAT Rates | |
Standard VAT Rate | 21% |
Reduced VAT Rate | 9% |
Special Reduced VAT Rate |
n.a. |
VAT Compliance | |
Standard VAT Return filing period | Calendar quarter or monthly |
Standard VAT Return filing deadline | Last day of the month following the filing period |
VAT Representation required for non-resident |
No * |
Record retention period | 7 years (10 years for transactions relating to immovable property) |
Electronic invoicing | Not mandatory for B2B transactions |
Real-time reporting | n.a. |
Special Rules | |
General domestic reverse charge for domestic supplies of goods by non-resident businesses? |
Yes, domestic supplies of goods by non-resident businesses to established and VAT registered B2B customers |
Other domestic reverse charge mechanisms? | Yes, e.g. supplies of specific goods (e.g. IT products), supply of CO2-certificates, and (sub-)contracting work |
Postponed Accounting on Import | Yes, with article 23 license |
VAT Grouping possible? | Yes |
VAT Refunds for non-EU businesses? | Yes (no reciprocity) |
Remarks | |
Link to VAT Law | HERE |
Remarks | * VAT representative is not mandatory, but recommended for foreign businesses that want to use the postponed accounting on import |
Here's an overview of the latest VAT news for this country.