Term · VAT
KOR (small business scheme)
A VAT exemption for businesses with a turnover of up to €20,000 a year. You do not charge VAT, but you also cannot deduct VAT on your costs.
You register with the Dutch Tax Administration (Belastingdienst) at least four weeks before you want to start. If you exceed the turnover threshold during the year, the exemption ends immediately.
The KOR is mainly worthwhile if you have many private customers and few costs.