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.
