The Netherlands is an attractive location to open a business also because of the incentives available to companies, most importantly in research and development. The Innovation Box is a regime that allows the taxpayer to choose a lower tax rate on taxable profits derived from intangible assets. The regime is subject to certain criterion and it applies in general to profits derived from innovative activities, thus the name.
Investors who open a company in the Netherlands that activates in the research and development sector can reduce the costs associated with these specific types of activities and they can use a scheme that allows them to minimize the payroll tax and the national insurance contributions that are to be remitted. In order to benefit from the R&D reductions, applicants must file an online application and then fill in the R&D statement.
Companies that make an investment in new energy-efficient assets can benefit from an additional deduction when the investment exceeds 2,500 euros and the said investment meets certain energy requirements. A similar reduction can also apply to investments made in assets that help improve the environment.
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