Abbreviations

Abbreviations

 

The Dutch language knows different abbreviations for legal and corporate terms than the English language . To avoid confusion we made a list of the abbreviations most used on our website including the English translation and the Dutch term written out in full. Certain terms may entail something (slightly) different legally, in Dutch than it does in English, however. For frequently used Dutch terms and words see this article

 

 

*ANBI (Algemeen nut beogende instellingen)

general benefit providing organisation

*AOV (Arbeidsongeschiktheidsverzekering)

Legal Disability Insurance

*AOW (Algemene Ouderdomswet

General Old-Age Pensions Act

*BGL (Beschikking geen Loonheffingen)

Disposal no Payroll Taxes     

*BTW (Belasting Toegevoegde Waarde)

VAT

*BV (Besloten Vennootschap)

Private Limited Liability company (LLC)

*CAO (Collectieve Arbeidsovereenkomst)

Collective Labour Agreement

CPB (Centraal Planbureau)

Central Bureau of Planning

DGA (Directeur-Groot aandeelhouder)

Director and majority shareholder

*IB (inkomensbelasting)

Income tax

*KvK (Kamer van Koophandel)

Chamber of Commerce

*MKB (Midden- en Kleinbedrijf)

Small and medium sized enterprises (SME)

*NV

Public Limited Liability Company

*STAK (Stichting Administratiekantoor in Aandelen)

Foundation Administration Office in Shares

*VAR (Verklaring Arbeidsrelatie)

Declaration of Independent Contractor Status

*VPB (Vennootschapsbelasting)

Corporate income tax

*WUO (Winst uit Onderneming)

Profit from enterprise

*VVE (Vereniging van Eigenaren)

Association of owners

*WAO (Wet op de Arbeidsongeschikheidsverzekering)

Law on Invalidity Insurance for Employees

*WGA (Werkhervatting Gedeeltelijk Arbeidsgeschikten)

Return to Work Scheme for the Partially Disabled

*ZZP’er (Zelfstandig zonder personeel)

Self-employed professional