The Netherlands Hosts The Highest Concentration Of Holding Entities Worldwide
Amsterdam, 12 November 2024 – Small country, big numbers: The Netherlands has become a global hotspot for holding companies.
Author:Tyreece BauerReviewer:Elisa MuellerDec 05, 20245.3K Shares77.7K Views
Press Release
Amsterdam, 12 November 2024 – Small country, big numbers: The Netherlands has become a global hotspot for holding companies. Recent data from BoldDatashows that the country hosts over 527,000 holding companies, the highest concentration worldwide. The USA ranks second with 375,079 holdings, followed by France with 240,673. The Netherlands’ favorable tax policies and central location make it an attractive choice for businesses looking to streamline cross-border operations.
Global Businesses Seek Dutch Tax Advantages
With a reputation as a ‘tax-efficient’ jurisdiction, the Netherlandscontinues to attract major international corporations and smaller firms alike. Including those from the United States, the United Kingdom, and smaller nations. U.S.-owned holdings make up a significant share, with over 2,000 entities based in the country. Cyprus, among other smaller economies, has seen a remarkable 700% increase in foreign holdings in the Netherlands over the last 15 years, underlining the widespread global appeal of the Dutch tax system.
UK-Owned Holdings Surge In The Netherlands
In recent years, UKcompanies have increasingly turned to the Netherlands as a way to ease tax burdens and ensure business continuity amid rising tax pressures in the UK. BoldData reports a 320% increase in UK-owned holdings in the Netherlands over the past decade, climbing from 320 entities in 2014 to 1,352 in 2024. Experts attribute this shift to the tax environment in the UK, which has become less favorable for many companies.
Rising Tax Pressures In The UK
The recent budget introduced by Chancellor Rachel Reeves includes a £40 billion tax package, significantly increasing employers' national insurance contributions. This change, set to take effect in April, will raise employer contributions to 15%, a move that may further incentivize UK companies to establish holdings in more tax-friendly locations, such as the Netherlands.
Expert Opinions On The Trend
Campaigners in the UK have raised concerns about the potential consequences of this tax policy. Elliot Keck, head of campaigns at the TaxPayers' Alliance, stated, “Taxpayers will be concerned about companies closing up and leaving. The chancellor's hike in employer's national insurance will only drive more wealth creators and businesses into the arms of lower tax countries. Rachel Reeves needs to be supporting businesses, not slamming them.”
About BoldData:
We are data experts with a highly accurate databaseof 350+ million companies worldwide. With our data have helped 4,000+ companies with analytics, research and CRM.
Note For Editors:
Please publish a link to our source pagewhen you use our data. The complete report can be found on our blog here.
BoldData has a full list of statistics on the number of restaurants and cuisines per country. If you need detailed data for your country or specific information for your report, please don’t hesitate to get in touch. Contact Daan Wolff at +31 20 705 2360 or d.wolff@bolddata.nl for further information.
This report is derived from our global company database. Data on holding companies is sourced from chambers of commerce, local commercial registries, and trade registers. Holding companies are included if they are currently registered with their respective local authorities, which means that both mailbox firms and active or inactive holdings are counted in this analysis.
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Tyreece Bauer
Author
A trendsetter in the world of digital nomad living, Tyreece Bauer excels in Travel and Cybersecurity. He holds a Bachelor's degree in Computer Science from MIT (Massachusetts Institute of Technology) and is a certified Cybersecurity professional.
As a Digital Nomad, he combines his passion for exploring new destinations with his expertise in ensuring digital security on the go. Tyreece's background includes extensive experience in travel technology, data privacy, and risk management in the travel industry.
He is known for his innovative approach to securing digital systems and protecting sensitive information for travelers and travel companies alike. Tyreece's expertise in cybersecurity for mobile apps, IoT devices, and remote work environments makes him a trusted advisor in the digital nomad community.
Tyreece enjoys documenting his adventures, sharing insights on staying secure while traveling and contributing to the digital nomad lifestyle community.
Elisa Mueller
Reviewer
Elisa Mueller, a Kansas City native, grew up surrounded by the wonders of books and movies, inspired by her parents' passion for education and film.
She earned bachelor's degrees in English and Journalism from the University of Kansas before moving to New York City, where she spent a decade at Entertainment Weekly, visiting film sets worldwide.
With over 8 years in the entertainment industry, Elisa is a seasoned journalist and media analyst, holding a degree in Journalism from NYU. Her insightful critiques have been featured in prestigious publications, cementing her reputation for accuracy and depth.
Outside of work, she enjoys attending film festivals, painting, writing fiction, and studying numerology.
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