1. 5. Customs – Taxes - Rulings

2. Customs – Taxes - Rulings Attractive tax regime Cooperative tax authorities: tailor made advanced tax rulings on future transactions, investments or corporate structures 85 tax treaties with other countries to avoid double taxation and 97 bilateral investment treaties for investment protection Corporate income tax rate of 25% (below EU average) 0% withholding tax on royalties and interest payments and participation exemption Certainty Efficiency Low cost Benefits Highlights Dutch corporate tax regime

3. Customs – Taxes - Rulings Corporate income tax rates in The Netherlands Source: OECD, 2013 20% on the first € 200,000 25% profits exceeding € 200,000 Effective tax rate of 5% for R&D income (self- developed, patented, intangible assets, self- developed, unpatented, intangible assets (WBSO subsidy)

4. Customs – Taxes - Rulings Dedicated advantages for the logistics sector Customs bonded warehousing VAT deferment system Flexible and automated customs procedures

5. Customs – Taxes - Rulings Benchmark IndicatorsThe NetherlandsGermanyFranceBelgiumSingapore Corporate Tax20-25%30%33.33%33% Customs-bonded warehousing (cash flow advantages) Yes VAT Deferment system (cashflow advantages) No VAT upon importation YesNo Yes Highly automated Customs proceduresYes NoYes

6. Customs – Taxes - Rulings DVGS zone (Document-Free Goods Tracking System zone)