Practical | Excellence in Finance

About Practical | Excellence in Finance

Founded in 2013 and now working from Amsterdam, Rotterdam, Eindhoven and Utrecht, Practical brings accounting, payroll, tax advice, financial control and business advice together under one point of contact for Dutch and international companies. Its relevance for foreign clients comes from a dedicated expat service: the team assesses eligibility for the 30% ruling, prepares the joint employer and employee application, processes the decision in payroll and files the related Dutch income tax returns. International employers that have no Dutch branch can be registered as foreign employers and have their Dutch payroll and payroll taxes handled, and for US citizens and Green Card holders the firm coordinates the Dutch file with US tax specialists. The rest of the practice serves entrepreneurs and director-shareholders with outsourced bookkeeping for a fixed monthly fee, VAT returns, tax planning and legal advice for BVs. Company incorporation is not presented as a service.

Services

Accounting covers outsourced bookkeeping, VAT returns, annual accounts and management information for a fixed monthly fee. Tax advice addresses entrepreneurs and director-major shareholders, including income and corporate tax matters. Payroll administration includes salary processing, payroll tax returns and registration of foreign employers. The expat service manages 30% ruling applications, changes of employer and related income tax returns, coordinated with US tax advisers where needed. Legal and business advice for BVs is also offered.

• ✕ Company formation: not listed
• ✓ Accounting and bookkeeping: offered
• ✓ Tax compliance: offered
• ✓ VAT: offered
• ✓ Payroll: offered
• ✕ Audit: not listed
• ✕ Bank account assistance: not listed
• ✕ Residency and visas: not listed
• ✕ Corporate secretarial: not listed
• ✕ Virtual office: not listed