You can establish a Business Improvement District (Bedrijven Investeringszones, BIZ) in cooperation with fellow entrepreneurs. A BIZ is a defined area in a business park or shopping area in the Netherlands. Entrepreneurs in this area invest jointly in an attractive and safe business environment. How a BIZ should be established is determined by the Business Improvement District Act (BIZ Act) . The act for instance determines the duration, amount of the contribution and requirements for the foundation of the BIZ.
Obligatory BIZ levy
When a BIZ has been established, the entrepreneurs in the zone pay a levy to the municipal authorities for this purpose. The municipal authorities, in turn, make the proceeds available to the association or foundation implementing the activities. All entrepreneurs in the BIZ have to pay a BIZ contribution (in Dutch). For this reason, at least half of the entrepreneurs have to have had their say (in Dutch) about the plan to set up a BIZ, and two thirds of them must support the plan. The amount due depends on the WOZ value (WOZ-waarde).
Activities of a BIZ
The activities of a BIZ are meant to complement those of the municipal authority and include, for instance: