Marital captivity occurs when a person is trapped in a religious marriage against her/his will because the marriage cannot be dissolved.…
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Mr. BAS A.S. VAN LEEUWEN, LLM, ESQ., attorney-at-law and founder of VAN LEEUWEN LAW FIRM, visited the AMSTERDAM HEALTH TOURISM EXHIBITION (AMSTERDAM SAĞLIK TURİZMİ FUARI). This symposium has given our law firm the opportunity to meet the senior officials of more than 50 hospitals, dental clinics, in vitro fertilization clinics, hair transplantation centers, aesthetic clinics and thermal tourism centers from Turkey that participated in this exhibition, and more important, to establish new relations with these organizations within the scope of health tourism activities. It offered our law firm important opportunities in terms of getting to know closely, providing one-to-one contact…
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Financial Crime Risk Management (FCRM) in private and public organizations has undergone big changes due to paradigm shifts in business dynamics, emerging threats, regulatory climate and technological advancements. However, in the last few months, the world has been experiencing something unprecedented that has made all other changes somewhat secondary: The Coronavirus (COVID-19). This once-in-a-lifetime phenomenon will change the face of Financial Crime Risk Management (FCRM), compliance and sanctions forever. In this article, I will examine the far-reaching impacts of COVID-19 on financial crime and how private and public organizations can address them.…
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Do you own a small company and are you in need of a relatively small loan of between €10,000 and €50,000 as a result of the corona crisis? You may be eligible for a bridging loan facility. This is called Small credits guarantee for SMEs (Kleine Kredieten Corona garantieregeling, KKC). The Dutch government will stand as guarantor for 95% of these bridging loans. Who can apply? You own a micro, small or medium sized business. You were sufficiently profitable before the corona crisis. You were registered in the Netherlands Chamber of Commerce Commercial Register (KVK Handelsregister) before 1 January 2019. KKC is…
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If you have a business in the Netherlands and employ no more than 250 workers (you have an SME), you may be eligible for a guarantee for part of a loan through the SME credit guarantee scheme (BMKB). The Ministry of Economic Affairs and Climate Policy stands as guarantor. This will enable you to borrow more than would otherwise be possible based on your collateral. The bank and other possible funders are covered by the government’s SME credit guarantee scheme. Corona crisis: Extension SME credit guarantee scheme The SME credit guarantee scheme (BMKB) has been extended (in Dutch) to deal with the economic…
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The Business loan guarantee scheme (Garantie Ondernemingsfinanciering, GO) makes it easier for large and medium-sized companies in the Netherlands to borrow substantial amounts of money. Capital providers receive a 50% guarantee from the government. The term for the Business loan guarantee scheme (in Dutch) is maximum 8 years. Corona crisis: temporary extension of GO The Business loan guarantee scheme has been extended (GO) to help businesses deal with the corona crisis. The amount for which the government stands as guarantor has been increased to €150 million. The maximum guarantee percentage has been increased from 50% to 80% for large companies (public limited companies,…
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The Dutch Tax and Customs Administration has implemented a number of measures to help businesses and employers with payment difficulties due to the corona crisis, and to avoid extra costs. This page lists measures for businesses in general and employers in particular, and gives information on the Customs measures for entrepreneurs during the corona crisis. Tax measures as of 1 October These tax measures will be extended after 1 October: Businesses that have applied for payment extensions for taxes will have 2 years to pay their taxes after the extension period has ended; The interest rate on tax collection will…
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Payment extension for several taxes You can apply for a payment extension of 3 months for all your income tax, corporate tax, payroll tax, and turnover tax (VAT) assessements at once, by filling out an online form (in Dutch). You need a DigiD for this, but if you don’t have one, you can ask an employee or a financial advisor to login for you, using their DigiD. You will need to fill out your RSIN number or your citizen service number (BSN), so keep these ready. The Dutch Tax Administration will put on hold any measures in place to collect payment immediately upon reception of your…
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No tax on reimbursement for face masks As of 1 June, face masks are mandatory in public transport. If you reimburse your employees for the costs of these face masks, you may do so free of tax. Measures to ensure low unemployment benefit premiums The Tax Administration has extended the period during which employers can record permanent contracts, so that they avoid having to pay high unemployment benefit premiums under the Balance Employment-Market Act (Wab). Also, employers will not have to pay high unemployment benefit premiums for permanent staff who have worked more than 30% overtime in 2020. Payroll taxes and travel…
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Tax payment extension at the Dutch Tax and Customs Administration To help entrepreneurs, the Dutch Tax and Customs Administration (Belastingdienst) has relaxed the options for payment extensions. Businesses can apply for tax payment extensions until 1 October, including the taxes they were already granted a 3 month extension for. You won’t have to pay all your taxes in one go. Also, the Tax Administration will not impose fines for late payments until that date. After 1 October You can apply for the special corona-related tax payment extension until 1 October. This extension will be for 3 months. After that, so…
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