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 |
| Local name | Belasting over de toegevoegde waarde (BTW) |
| VAT number format | NL 123456789B01 |
| 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 Click HERE for more info |
| 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 |
Below is an overview of the latest VAT news for this country.
Note: The above information is taken from various sources and is for information purposes only and is not intended to be advice. Although the author went to great lengths to make sure the information is accurate and useful, users should not act on the basis of any matter used or presented without considering appropriate professional advice.
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