Change your business into a private company with limited liability

How to proceed?

If you want to contribute the company into a private company with limited liability, there are two alternatives:

• Taxable contribution: you settle with the Dutch Tax and Customs Administration on, among other things, the goodwill, hidden reserves and retirement reserve (discontinuation profit) of your company. Bargaining for a discontinuation annuity does not always have to lead to direct payment of income tax.

• Untaxed contribution: there is no settlement of discontinuation profit. The future tax claim will be transferred to the private company.

Mazars can assist you with:

• The deliberations on whether or not to contribute your company into a private company

• Determining the discontinuation profit

• Providing an insight into the consequences of taxable or untaxed contribution

• Implementing the contribution into the private company

• The request with the mandatory calculations to the Tax and Customs Administration for the untaxed contribution