When it comes to setting up a business, you may see no reason not to establish it exactly where you live. However, there are a wealth of benefits that come from starting a venture overseas, particularly if you’re smart about which country you settle for.
The Netherlands is easily one of the best places to do this and for a mountain of reasons. From excellent infrastructure to strong fluency in English, your business will be in good hands here. If you need more convincing, though, then perhaps these points will win you over.
English Fluency
One of the biggest issues with conducting business in another country is that the locals might not necessarily speak your language. Fortunately, if you set yourself up somewhere in Western Europe, that’s not something you need to worry about.
While countries there all have their own languages, most people are taught English in schools. It’s estimated that the vast majority of Dutch residents can speak the language, with studies regularly naming the population the most fluent non-native English speakers. That’s great news if you’re going to start a business in the Netherlands because it means you don’t have to worry about language barriers stopping you from finding success.
Excellent Location
If you know your European geography, you’ll be aware that the Netherlands isn’t situated in the middle of nowhere. It sits at the north of mainland Europe, with part of the country bordering both Belgium and Germany. This puts it in a great spot for reaching the rest of the continent, which can be greatly beneficial if you’re looking to extend your business.
What’s more, there’s also a long stretch of Dutch coastline which gives the country superb access to the North Sea. With Rotterdam’s port being the largest in the continent, branching out overseas is just as easy as spreading across mainland Europe especially with branch registration services. That’s ideal for any entrepreneur with big intentions.
Diverse Workforce
Not only is the workforce of the Netherlands largely fluent in English, but it’s also one of the most diverse in the world. Amsterdam alone features nearly 200 different nationalities in its population, offering a level of variety you might not find elsewhere. Why is that such a good thing? Simply put, the more diverse your employees, the more people you appeal to. In today’s climate, a company that promotes diversity is one that tends to appeal to the masses.
There’s a lot to learn when it comes to hiring overseas, so for more information, here’s how you can employ staff in the Netherlands. This resource highlights how to payroll Dutch employees so that you can start making the most of them without running into any issues.
Strong Infrastructure
There are plenty of companies who consider setting up their business in a developing country because of the lower costs. However, while this can save money in the short-term, the lack of reliable infrastructure can potentially do a lot of harm in the long-term. That’s why it’s smart to establish yourself somewhere that’s frequently considered to have the best infrastructure in Europe. That somewhere is the Netherlands.
As the home of Wi-Fi, you can trust that getting your business online and operational won’t be an issue here. Throw in the country’s dependable transport links and efficient energy supplies, and you’re looking at a place that offers infrastructure like no other.
Tax Incentives
Most businesses hate having to deal with tax. Unfortunately, unless you want to put your company at risk, there’s no escaping it. That’s why establishing a business in the Netherlands is such a good idea, because they offer some of the best tax deductions and allowances around. That’s a benefit worth taking advantage of, given how much can be lost in such expenses every fiscal year.
Startup Visas
Some countries are hesitant to reach out and embrace foreign entrepreneurs. Not the Netherlands, though. That’s why they established their Dutch startup visa back in 2015. Through this, people are given an opportunity to set up a company in the country with the aid of a business facilitator.
Naturally, certain requirements still need to be met before an entrepreneur can obtain one of these visas. However, if you’re granted permission, you should have a far smoother ride when it comes to making waves in the Netherlands. Plus, the fact that this country offers such visas is a clear sign that they want your business, which is exactly the kind of environment you should be working in.
You can start a company anywhere in the world, but if you want a great chance of succeeding, it’s worth putting down roots in the Netherlands. Its location, workforce, infrastructure, and business incentives prove that it’s a match made in heaven for entrepreneurs of any kind. You just need to take the leap to begin a new venture overseas.
