In order to fully relieve you, Arvode offers the payment service. Taxes and employee wages need to be paid correctly and on time. To pay the wage tax to the Dutch tax authorities you’ll need to state the payment reference of the particular period, otherwise the payment will not be recognized by the authorities.
Arvode Client Fund Institution
To help its clients, Arvode provides a payment service. Through an independent foundation “Arvode stichting Derden Gelden” (Arvode Client Fund Institution) we can offer you a care-free solution. This fund acts as a ‘non-profit’ bank. Arvode manages the bank accounts of its clients. A separate account will be opened for your company. Every period, you’ll receive a balance overview and an overview of all payments for your bank account. This way, you can avoid difficulties with the tax authorities and still maintain an overview.
The right solution
For an international organization with employees in the Netherlands that doesn’t want to establish a back-office to carry out all of the administrative tasks, payment solution is the best option. This also applies for Dutch companies who have employees abroad or companies who have outsourced the payroll administration of CEO’s and other executives.