Trade is essential for the Dutch economy. Products from all over the world leave and arrive in our country. Import often arrives in the Port of Rotterdam, after which it is stored in various distribution centres. Often, these shipments are further distributed to the rest of Europe. Madeleine Merkx, Professor of Indirect Taxes at Erasmus School of Law, explains why the Netherlands is the perfect country to supply Europe in an article by Pointer KRO-NCRV.
The convenient location of the Netherlands and its proper infrastructure make for good logistics. In addition, efficient customs facilities are essential. Merkx explains that the Dutch customs authority more often executes administrative checks than physical checks, which saves time: 鈥淭he customs authority tries to facilitate companies regarding the implemented checks鈥. 鈥淥n the Tweede Maasvlakte, there are mobile customs scanners and a customs scanner through which trains can travel over 50 kilometres per hour. Logistics are being stimulated鈥, concludes Merkx.
Companies also select the Netherlands because of its鈥 tax benefits. For example, many foreign companies in the Netherlands use the article 23-permit not to have to pre-finance their import-VAT. The import VAT is processed and deducted in the regular VAT declaration. This permit can consequently lead to a better cash flow. Merkx explains that there is no decisive reason for companies to opt for our country: 鈥淚t is the combination of benefits that makes foreign logistical companies pick the Netherlands鈥.
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Read the entire article by Pointer .
