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Netherlands
Netherlands History, Geography, Culture, and Economy
The Kingdom of Netherlands is a modern European country, formerly colonized by Spain up till the 16th century. It was an instituting member of both the NATO and EU and contributed to the introduction of the Euro. Bordering Belgium (which was initially part of it), as well as Germany, Netherlands has a land area of over 41,000 square kilometers. It is composed of coastal lowlands and under-sea-level polders, which add to its total agricultural landmass. The area comprising the four large cities of Amsterdam, Rotterdam, The Hague, and Utrecht is the most densely populated.
The Dutch, followed by people from other EU states and Turkey, comprise the largest ethnic groups in the Netherlands, and Christianity is the most practiced religion. Over 91 percent of the country’s population lives in urban areas. The Netherlands has a parliamentary constitutional monarchy with four countries represented, namely Netherlands, Aruba, Curacao, and Sint Maarten. The country has a per capita GDP of $52,799 and a population of 16.8 million people. Agriculture and fishing are its largest exports. Trade-in goods and services make up 83 percent of their GDP.
| 2021 | |
| April 2 | Good Friday |
| April 4 | Easter Sunday |
| April 5 | Easter Monday |
| April 27 | King’s Birthday |
| May 5 | Liberation Day |
| May 13 | Ascension Day |
| May 23 | Whit Sunday |
| May 24 | Whit Monday |
| December 25 | Christmas Day |
| December 26 | Second Day of Christmas |
- Stichting
- Coöperatie
- Onderlinge waarborgmaatschappij
- Mij (Maatschappij)
- Mts (Maatschap)
- Eenmanszaak
- vof (Vennootschap onder firma)
- cv (Commanditaire vennootschap)
- bv (Besloten vennootschap)
- nv (Naamloze vennootschap)
- Corporate Tax: 25% (on profits over €250,001), 20% (not over €250,000)
- Income Tax (Lowest Marginal Rate): 36.55% (first €21,103 per year is deductible)
- Income Tax (Highest Marginal Rate): 49.50% + reduction of deductions (arbeidskorting and general korting)
- VAT/GST/Sales Tax: 21% (standard rate), 9% (essential and selected goods)
- Amsterdam Trade Bank (Local Bank)
- Anadolubank Nederland N.V. (Local Bank)
- ASN Bank (Local Bank)
- Bank Mendes Gans (Local Bank)
- Bank Nederlandse Gemeenten (Local Bank)
- BinckBank (Local Bank)
- bunq (Local Bank)
- Credit Europe Bank (Local Bank)
- Demir Halk Bank (Local Bank)
- Friesland Bank (Local Bank)
- GarantiBank International NV (Local Bank)
- GE Artesia Bank (Local Bank)
- Kempen & Co (Local Bank)
- Knab (Local Bank)
- Nederlandse Waterschapsbank (Local Bank)
- Netherlands Development Finance Company (Local Bank)
- NIBC Bank (Local Bank)
- SNS Bank (Local Bank)
- Triodos Bank (Local Bank)
- Van Lanschot (Local Bank)
- Yapi Kredi Bank Nederland N.V. (Local Bank)
- Deutsche Bank (State Bank)
- Royal Bank of Scotland (State Bank)
- Argenta (State Bank)
Aadmi can support you with your expansion to Netherlands. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns. Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.
Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.
