Successful tax workshop by Govers Accountants / Advisors

Govers Accountants / Advisors from Eindhoven held a workshop on 3 October for interested Dutch and Belgian portfolio companies of Imec.istart.

Startups and scale-ups often naturally encounter tax issues, so having knowledge and clear explanations is important. It helps prevent surprises. As we all know the famous saying by Benjamin Franklin, one of the founding fathers of the United States: “In this world, nothing is certain except death and taxes.”

The workshop was originally titled ‘The basics of the Dutch Tax system,’ but feedback quickly showed that a more fitting title would have been ‘The essential topics of the Dutch Tax system for Startups.’ Topics covered included: the various types of taxes (especially relevant for startups), why a holding structure might be essential, when and on what you pay VAT or charge it, what the work-related expenses scheme (WKR) is, what constitutes wages, when you can apply for WBSO, invoice requirements, what a fiscal unity is, and more.

Much was learned, and the workshop will definitely be repeated. Following the workshop, one-on-one sessions were also held with the attending startups to dive deeper into specific tax matters. A big thank you to Govers’ advisors – Kai, Jeroen, and Steef – for sharing this valuable knowledge!