06/December/2019

Increased substance requirements

A draft decree on increased substance requirements for Dutch financing and licensing companies has been published. New substance requirements include €100k of wage costs and an office in the Netherlands, to be utilized for the financing/licensing function. Not meeting the substance requirements results in information exchange with source countries.

The effective date of the new substance requirements for Dutch financing, licensing and leasing companies will be 1 January 2021.

Marie Oudemans

Hans van Walsem

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