Changes to KOR and Introduction of EU-KOR from January 1, 2025: Important Updates for Businesses

• Changes to the small entrepreneurs scheme (KOR) will take effect from January 1, 2025
• Introduction of the EU-KOR for businesses operating in EU countries
• Key changes to the KOR include the removal of the mandatory 3-year participation period and faster reapplication process
• Participation in the KOR will end for foreign businesses from January 1, 2025
• Introduction of the EU-KOR allows businesses in the Netherlands to apply for a VAT exemption in other EU countries where they operate
• Participants in the EU-KOR must meet certain conditions, including having their main establishment in the Netherlands and a maximum annual turnover of €100,000 across all EU countries.

Source: belastingdienst.nl

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

---

---