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Student finance and entrepreneurship
Since September 2015, students in the Netherlands who have their own business are allowed to earn unlimited income. However those who began their degree earlier may receive reduced study grants and loans, depending on their earnings.
In addition, you can use government schemes that are meant to stimulate entrepreneurship as an entrepreneurial student.
As a young entrepreneur, you will be given the opportunity to work temporarily at the SME of an experienced entrepreneur in another EU country.
If you run a small business, you may be eligible to participate in the small businesses scheme, as part of which you will pay less turnover tax (VAT).
This is deducted from the profits so that the entrepreneur pays less tax. The entrepreneur’s allowance consists of, for example, a private business ownership allowance and tax relief for new companies.
If you have a business in the Netherlands and employ no more than 250 workers, you may be eligible for a guarantee for part of a loan, which will enable you to borrow more than would otherwise be possible based on your collateral.
The micro financing facility is available for (start-up) businesses in need of a loan or guidance. This scheme consists of a loan of up to 35,000 euros and coaching.
Students with a long-term occupational disability may be eligible to receive support in establishing their own business.