Corporate tax
If you are running a corporation you want more than a bookkeeper. You want a specialist in taxes.
Letting Profinancials handle your corporate tax return
If you run a limited company (BV or NV) you are obligated to file an annual corporate income tax return.
The corporate income tax return has a fairly high level of difficulty. In order to make sure the corporate income tax return is set up correctly you will need to have an accurate business administration in place. This administration is used to set up a balance sheet and profits and loss (P&L) statement’.
Using the annual report which is created by us, or any another advisor, we will prepare and file your corporate income tax return.
When we prepare your tax return, we will go beyond simple inputting the provided data. We will assess your situation and the contents of the report to make sure your taxable profits are not set too high. Doing so we can prevent you to pay taxes you should not have to pay.
Outsourcing your corporate income tax return
Your corporate income tax return is handled by tax specialists at Profinancials.
For clients using our all-in business administration package, preparing and filing the corporate income tax return at the ‘Belastingdienst’ is included in the scope of services. But we are happy to help you also if you would like us to file the corporate income tax return as a stand-alone service.
Stand-alone corporate tax return service
You may already have a bookkeeping partner that handles your business administration. But for the corporate income tax you are in need of a tax advisor. If so, we are happy to help you as well. We can still prepare and file your corporate income tax return.
Feel free to contact us as well if you are a business owner that wants to learn how to file the income tax return yourself. We can give you advice and guidance on how to set it up and file the tax returns.
No matter what approach suits you best, we are happy to help and answer your questions.
Contact us about your corporate tax return
Ferhat Sanci
Tax specialist
Frequently asked questions regarding the corporate income tax return
What exactly is corporate income tax? (Vennootschapsbelasting)
Corporate income tax (VPB) is a tax on the taxable profit of private limited companies (BV) and public limited companies (NV).
When calculating your corporate profits you can take allowances / credits into account like:
- Small-scale investment credit (KIA)
- Environmental investment allowance (MIA)
- Energy investment allowance
If you are running a group of corporations in a parent and subsidiaries structure you can use the group tax consolidation. Also known as fiscal unity. When you set it up as a fiscal unity all corporations within the group are seen as one.
What is the corporate tax filing deadline?
Depending on your tax year, the corporate tax return has to be filed before:
- Split financial year: 5 month before the end of the split financial year.
- Calendar year: July first of the next calendar year.
Extented filing of corporate tax return
Can I get a corporate income tax filing extension?
Yes, an extension for your income tax return can be applied by yourself or by your tax advisor electronically. We are registered tax consultants at the Tax authorities (Belastingdienst), therefore we can apply for an extension on your behalf without needing your login credentials. The extension will be granted for a maximum of one year.
How long can the extension of corporation tax be?
When you file an extension for the corporate income tax return yourself it will be granted for 4 months
When your tax advisor applies for the extension it will be granted for 10 months.
What are the costs for an extension?
We do not charge you extra to apply for an extension when the corporate tax return is handled by us. You do however need to take into account that the government will charge you with interest on the tax you need to pay.
