Small businesses scheme (KOR) applicable in other EU countries

What changes?

Are you a small businesses owner in the Netherlands or in another EU country? And do you use or do you want to use the Small Businesses Scheme (kleineondernemersregeling, KOR)? From 1 January 2025, you may apply for small businesess schemes in other EU member states.

If you participate in the Small Businesses Scheme, you do not charge VAT to your customers and you do not need to file a VAT return. In return you cannot deduct VAT on your business expenses or business investments from your tax return.

For whom?

• small businesses in the Netherlands
• small businesses in the EU

When?

The Small Businesses Scheme Implementation Act is expected to enter into effect on 1 January 2025.

Please note: The effective date of this measure is not yet final. Entry into force is subject to its passing through the upper and lower houses of parliament or proclamation of the Order in Council (Algemene Maatregel van Bestuur, AMvB) or ministerial decree and publication in the Staatsblad or Staatscourant (Government Gazette, in Dutch).