The Netherlands’ geographical position, political stability, benefits from the European Union, highly educated workforce, and welcoming corporate climate make it a popular choice for expanding a firm internationally. If you’re just beginning to look at opening a business overseas, you might want more compelling arguments for picking the Netherlands. Wanneerishet provides a wide range of services to help Dutch businesses start and flourish. We will highlight the many benefits of starting a business in the Netherlands in this post.
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Overview of Dutch Economy
Entrepreneurs must examine the economics when picking a market to start a business. OECD and US International Trade Administration studies suggest the Netherlands is a good choice. According to the OECD, the country returned to pre-pandemic growth quickly. At the same time, the US International Trade Administration touts its appeal to nearly 170 million EU consumers within 500 kilometers.
The Netherlands has Europe’s largest port, Rotterdam, and Schiphol, the fourth-largest airport in the EU, which boosts its economy. One of the world’s largest trading nations, the Netherlands is the fifth-largest EU economy with a GDP above $1 trillion. It has also shown greater resilience to 2023 economic issues than other European countries, indicating a strong economic basis.
Key Reasons to Create A Dutch Firm
Due to its business-friendly atmosphere, multilingual and highly educated worker pool, innovation in its DNA, and robust digital infrastructure, the Dutch economy has survived global crises. Government support for entrepreneurs and firms investing in the Netherlands makes it a more desirable place to start a business.
Business-Friendly Netherlands
The Dutch business climate is ranked sixth globally in the Management Development Institute’s 2022 World Competitiveness Ranking. Its strategic location gives it access to 95% of Europe’s most valuable consumer markets. The 2021 Global Business Complexity Index ranks the Netherlands among the easiest to do business due to its stable legal climate and tax system.
The Dutch Government Helps Enterprises.
The World Bank calls the Dutch government one of the most effective in the world, and it supports Dutch enterprises generously. The country fosters R&D with financing programs and a competitive business income tax policy. The Netherlands’ stable government and open, collaborative tax administration provide companies confidence that their assets will be protected at their best value and that tax authorities will function transparently. Establishing a company in the Netherlands gives technology and innovation-focused enterprises access to a broad network of 100 bilateral tax agreements to avoid double taxation and cut withholding costs, as well as government support.
Multilingual, Well-Educated Workforce
In the World Economic Forum-endorsed Global Remote Working Index 2023, the Netherlands ranks high among 108 nations for remote work. This award, together with the University of Amsterdam, Leiden University, and Delft Technical University’s involvement in creating a highly skilled workforce, gives the Dutch workforce multilingualism and lifelong learning.
Netherlands DNA: Innovation
The Netherlands routinely ranks high on the World Intellectual Property Organisation’s Global Innovation Index, demonstrating its innovative attitude. These awards are due to the Netherlands’ entrepreneurship policies, government efficiency, startup and scale-up finance systems, and university-industry partnerships. The Dutch industrial landscape has many world-class R&D enterprises. The Netherlands is also known for its strong commercial networks and innovation clusters in agriculture, food, life sciences, healthcare, high technology, chemicals, clean energy, IT, and the creative industries.
Solid Digital Infrastructure
The EU Digital Economy and Society Index 2022 ranks the Netherlands high in digital skills, digital public services, and business technology integration. Due to its strong internet infrastructure, the Netherlands is a hub for companies in the digital economy, gaming, and quantum technology.
Conclusion
For entrepreneurs, the Netherlands is a fantastic location. It boasts a talented workforce, a robust economy, and cheap taxes. Additionally advantageous are the nation’s European position, first-rate infrastructure, and easy access to global markets. The government offers incentives to businesses, which attract both new and established enterprises.