1 00:00:00,000 --> 00:00:03,000 You’re thinking about starting a part-time business. 2 00:00:03,178 --> 00:00:07,000 But can you combine a part-time business with your study, job or pension? 3 00:00:07,312 --> 00:00:09,960 And what do you do about registration and taxes? 4 00:00:10,899 --> 00:00:13,000 If you are staying or living in the Netherlands 5 00:00:13,000 --> 00:00:14,600 with a valid residence permit, 6 00:00:14,674 --> 00:00:17,880 there are several options for starting a part-time business. 7 00:00:18,362 --> 00:00:19,280 Take Laura. 8 00:00:19,472 --> 00:00:21,560 She holds a 30 hours-per-week job, 9 00:00:22,012 --> 00:00:25,960 and occasionally caters food for friends and acquaintances for a small fee. 10 00:00:26,812 --> 00:00:29,760 Because she only receives a compensation for her expenses, 11 00:00:30,024 --> 00:00:32,400 she doesn’t need to register as an entrepreneur: 12 00:00:32,674 --> 00:00:35,440 her catering activities qualify as a hobby. 13 00:00:36,287 --> 00:00:39,360 After a while, Laura decides to borrow a food truck, 14 00:00:39,637 --> 00:00:42,000 to cater at five festivals per year. 15 00:00:42,348 --> 00:00:44,440 She discusses her plans with her employer, 16 00:00:44,760 --> 00:00:46,040 and is given the green light. 17 00:00:46,585 --> 00:00:49,240 She registers with the Netherlands Chamber of Commerce 18 00:00:49,348 --> 00:00:51,240 and the Dutch Tax Administration. 19 00:00:51,523 --> 00:00:54,000 Laura has become a part-time entrepreneur! 20 00:00:54,585 --> 00:00:58,800 From now on, Laura will file a VAT return every three months, 21 00:00:59,023 --> 00:01:02,600 as she has calculated that applying for the small businesses scheme 22 00:01:02,623 --> 00:01:04,080 isn’t to her advantage. 23 00:01:04,273 --> 00:01:07,320 After checking the Business.gov.nl website, 24 00:01:07,510 --> 00:01:11,120 she finds out that she doesn’t qualify as an entrepreneur for income tax. 25 00:01:11,360 --> 00:01:14,000 Her activities are still too few and far between. 26 00:01:14,578 --> 00:01:19,960 So, for now she files her income from the food truck business as an ‘income from other activities’. 27 00:01:20,265 --> 00:01:23,920 But she does take a further look into the risks of being an entrepreneur. 28 00:01:24,740 --> 00:01:26,600 Laura’s confidence is growing, 29 00:01:26,715 --> 00:01:30,160 and she decides to dedicate two days a week to her catering business. 30 00:01:30,515 --> 00:01:32,600 She invests in a food truck of her own, 31 00:01:32,962 --> 00:01:35,080 professional equipment and a website. 32 00:01:35,149 --> 00:01:38,440 Spending a total of 800 hours per year on her business. 33 00:01:38,649 --> 00:01:42,160 She now qualifies as an entrepreneur for income tax. 34 00:01:42,324 --> 00:01:47,120 And although 800 hourse is not enough to qualify for the private business ownership allowance, 35 00:01:47,449 --> 00:01:50,760 she finds out there may be other tax schemes available to her 36 00:01:50,812 --> 00:01:54,040 when once again consulting Business.gov.nl 37 00:01:54,724 --> 00:01:56,320 Business is going well. 38 00:01:56,403 --> 00:02:00,960 Laura spends even less time working in the restaurant, and expands her catering business. 39 00:02:01,603 --> 00:02:05,680 She meets the hours criterion to qualify for the private business ownership allowance, 40 00:02:06,015 --> 00:02:09,480 and can probably also claim tax relief for new companies. 41 00:02:09,878 --> 00:02:13,640 Is it possible to start a real business while holding down a job? 42 00:02:13,928 --> 00:02:16,160 Laura ’s example proves that you can! 43 00:02:17,203 --> 00:02:20,360 Find all the information on Business.gov.nl: 44 00:02:20,753 --> 00:02:23,600 Dutch government information for entrepreneurs.