Working in Holland

The Dutch authorities are very strict with foreign national employment and insist that any potential contractor register immediately for local taxes and social security. Our accountant associate will assist with the registration formalities and you would become an employee of our in-house management company, which is a Dutch registered and accredited Payroll provider.

The potential downsides are the Dutch high rate of Income tax (up to 52% at your marginal rate) and the need to register from day one. The Dutch authorities recognised this may be a deterrent to any potential foreign worker and to offset this offer, what is called, ‘Expatriate’ concession to employees who are registered for payroll, with a 30% ruling. What this means is, the top slice (30%) of your income is free of tax. Please note that registration needs to be completed from the start of your assignment to gain this concession! Any delay could severely hamper your/our ability to back date and recover your position.

To obtain the concession you will be required to attend the local tax office in person, taking your Passport with you, which will be copied for their records, and you will then be issued with your Dutch tax number. You may also be required to register with the local police for local residency tax, depending on your residency location. The accountant will arrange to meet with you in person to assist and help obtain the required documentation for all registration requirements. The costs associated with the above will be covered within our complete service package. 

All Dutch taxes, social security and insurances associated with the contract will be handled by Gems, in conjunction with our Dutch associates, and paid directly to the Dutch authorities on a regular and timely manner. We will account to you for all earnings over the term of the contract with monthly pay slips and accounting schedules provided for your records.

We will supply the contact details of the accountant and Gems will assist and help you every step of the way. We will also assist with providing the best possible advice for savings and investment opportunities and liaise with your preferred financial advisors. If you require the services of an Independent Financial Advisor we would be happy to make you an introduction. GEMS do not receive commissions for successful introductions.

For additional information please contact the office where a member of staff will be happy to discuss the opportunities that working in Holland has to offer