AEX
AEX is the main Amsterdam stock index, tracking large listed companies traded on Euronext Amsterdam.
The Polder Dictionary
Dutch business words, explained.
A curated English-language layer for Dutch tax, work, governance, compliance, market and real-estate terms used in The Polder.
35 entries
AFM
AFM is the Dutch Authority for the Financial Markets, supervising financial-market conduct, disclosure and investor-facing behaviour.
Annual accounts
Annual accounts are the formal yearly financial statements that explain a company's financial position and performance.
AP
AP is the Dutch Data Protection Authority, supervising privacy and personal-data protection in the Netherlands.
Arbeidsovereenkomst
Arbeidsovereenkomst is a Dutch employment contract: the agreement that defines the employment relationship between employer and employee.
Belastingdienst
Belastingdienst is the Dutch Tax Administration, responsible for collecting and supervising national taxes and many tax-related filings.
Boekhouding
Boekhouding is Dutch bookkeeping: the records that show invoices, payments, assets, liabilities and financial movements.
Box 2
Box 2 is the Dutch income tax box for income from a substantial interest, usually relevant to shareholders who own at least 5 percent of a company.
Box 3
Box 3 is the Dutch income tax box for private savings, investments and certain assets outside Box 1 and Box 2.
BTW
BTW is Dutch value added tax. It is charged, reclaimed and reported through the Dutch VAT system.
BV
A BV is a Dutch private limited company, commonly used for owner-led and privately held businesses.
CBS
CBS is Statistics Netherlands, the Dutch statistical office publishing official data on the economy, population, labour, prices and business activity.
CPB
CPB is the Netherlands Bureau for Economic Policy Analysis, publishing economic forecasts and policy analysis for the Netherlands.
Customary salary
Customary salary is the Dutch tax concept requiring many DGAs to take a salary that is reasonable for their role.
DGA
DGA means directeur-grootaandeelhouder: a Dutch director who is also a major shareholder of a company.
Dividend tax
Dividend tax is Dutch withholding tax connected to dividend distributions from companies to shareholders.
DNB
DNB is De Nederlandsche Bank, the Dutch central bank and financial-sector supervisor.
ECB
ECB is the European Central Bank, setting euro-area monetary policy and influencing interest rates, credit and market expectations.
ECLI
ECLI is the European Case Law Identifier used to identify court decisions in a stable, searchable format.
Gebruikelijk loon
Gebruikelijk loon is the Dutch customary-salary rule often applied to a DGA working for their own company.
Handelsregister
Handelsregister is the Dutch Trade Register maintained by KVK, recording company identity, directors and registration details.
Hoge Raad
Hoge Raad is the Supreme Court of the Netherlands, the highest court for civil, criminal and tax matters.
Invoice proof
Invoice proof is the evidence that an invoice reflects a real transaction, correct parties, correct timing and correct tax treatment.
KVK
KVK is the Dutch Chamber of Commerce. Its Handelsregister records companies, directors, addresses and registration details.
Loonadministratie
Loonadministratie is Dutch payroll administration: the records behind wages, taxes, benefits, working time and employment payments.
Loonheffing
Loonheffing is Dutch payroll withholding, covering wage tax and social security-related withholding through payroll.
Omzetbelasting
Omzetbelasting is the Dutch legal term for VAT, the value added tax reported on taxable supplies.
Rechtspraak
Rechtspraak refers to the Dutch judiciary and the public court-decision system, including published judgments on rechtspraak.nl.
UBO
UBO means ultimate beneficial owner: the natural person who ultimately owns or controls an organisation.
UWV
UWV is the Dutch Employee Insurance Agency, involved in unemployment, sickness, disability and employer-related labour processes.
Vennootschapsbelasting
Vennootschapsbelasting is Dutch corporate income tax, charged on taxable profits of companies such as BVs.
WKR
WKR is the Dutch work-related costs scheme for tax treatment of certain employee benefits, reimbursements and allowances.
WOZ
WOZ is the Dutch official property value used for several local and national tax purposes.
WWFT
WWFT is the Dutch anti-money-laundering and counter-terrorist-financing law for obliged institutions and professionals.
ZZP
ZZP means zelfstandige zonder personeel: a self-employed person without employees.