Financial matters

 https://business.gov.nl/financing-your-business/funding-and-loans/government-funding/funding-from-regional-development-corporations-roms/

There are numerous funding schemes, loans and subsidies for starters and small and medium size businesses in The Netherlands. Information about funding and loans is available here: business.gov.nl/financing-your-business/funding-and-loans/

Funding is available from the Dutch government, from European sources and from private investors and banks.

Bank Loans

There are several large banks (ABN-AMRO, ING Bank, Rabobank,) which offer business/starters packages. Expect to pay a monthly fee.  These banks often also offer insurance (liability, personnel, disability  etc.).

More information on how to open a bank account here.

Subsidies

The Chamber of Commerce (KvK) has a Help Desk Business Finance. Also business desks in the town halls of the larger cities in The Netherlands as well as expat centers in Amsterdam and The Hague, for example, offer a wealth of information about starting a business including financing options.

General information about subsidies, various types of programmes and tips about how to apply can be found at:

business.gov.nl/financing-your-business/subsidies/

Another starting point could be to make inquiries in the province in which you are setting up your business. There are numerous regional development corporations (RDCs), or regionale ontwikkelingsmaatschappij (ROM), around the Netherlands that invest in private businesses.  For more information and relevant links please see:

business.gov.nl/financing-your-business/funding-and-loans/government-funding/funding-from-regional-development-corporations/

There are also various subsidies and tax reduction schemes that you can profit from as a small, starting enterprise. There are subsidies for environmental initiatives, art and culture, research and innovation, etc.

www.government.nl/topics/enterprise-and-innovation/support-for-small-and-medium-sized-enterprises-smes

The Netherlands Enterprise Agency ( RVO) provides personal advice and assistance to business owners about relevant subsidies, tax benefits, partners, knowledge and legislation.

english.rvo.nl/subsidies-programmes

A healthcare insurance (basisverzekering) is mandatory in The Netherlands. Every resident of the Netherlands pays a nominal premium of approximately EUR 1,300 per year on a basic health insurance. This premium is paid directly to the health insurance company of your choice. Extra insurance is needed to cover various risks. More information on the FAQ about Duth Health insurance.

You could also consider partial or private invalidity insurance and accident insurance.

Pension insurance

Every inhabitant of the Netherlands over a certain age (depending on your birth date) receives AOW, a national old age pension. This is a basic pension, which may not be sufficient to live on. Therefore, be advised to build up a supplementary pension through a pension insurance scheme. You could take out an annuity policy or another type of savings scheme.

For more information visit the Dutch government website:

business.gov.nl/regulation/pension/

Other insurances

Professional types of insurance include: business and professional liability insurance, business liability insurance, professional liability insurance, legal expenses insurance, insurance for goods, machinery and equipment; buildings insurance, credit insurance.

For more information visit the Dutch government website:

business.gov.nl/regulation/self-employed-professionals-insurances/