This is not really how it works unfortunately. It is very complicated and this is why I am saying you need to do research based on what country you are in. Hiring a tax expert would be best.
If you run a Singapore-registered business(or any other country) while living in the Netherlands there is a very high chance that the Dutch Tax authorities will say your business is "operating" from here and make you pay taxes, and social payments, here.
They do this by looking at your business and will decide where your "Fiscale vestigingsplaats" is. This decision is made based on where the owners of the business live, where the business is operated, and where the customers are located.
If this wasn't the case, every business owner in The Netherlands would simply register their business in other countries and pay less corporate tax.
If true, that would be crazy! You're telling me, if I'm Dutch and live in The Netherlands but am the sole shareholder of a Singapore corporation that does most of its business with non-Dutch customers, it would still be considered a Dutch business?
You don't need to be Dutch, just living here. The government will look at it on a case by case basis to determine if you are operating in.
Ofc if you are owning a cafe in Singapore its very easy to say its operated there. But if you have an online business and do all the work from the Netherlands it gets difficult.
This is not really how it works unfortunately. It is very complicated and this is why I am saying you need to do research based on what country you are in. Hiring a tax expert would be best.
If you run a Singapore-registered business(or any other country) while living in the Netherlands there is a very high chance that the Dutch Tax authorities will say your business is "operating" from here and make you pay taxes, and social payments, here.
They do this by looking at your business and will decide where your "Fiscale vestigingsplaats" is. This decision is made based on where the owners of the business live, where the business is operated, and where the customers are located.
If this wasn't the case, every business owner in The Netherlands would simply register their business in other countries and pay less corporate tax.
I didn't know about 'fiscale vestigingsplaats', food for thought. Thank you!
If true, that would be crazy! You're telling me, if I'm Dutch and live in The Netherlands but am the sole shareholder of a Singapore corporation that does most of its business with non-Dutch customers, it would still be considered a Dutch business?
Yeah its kinda crazy.
You don't need to be Dutch, just living here. The government will look at it on a case by case basis to determine if you are operating in.
Ofc if you are owning a cafe in Singapore its very easy to say its operated there. But if you have an online business and do all the work from the Netherlands it gets difficult.