Social enterprising: Business models for social impact
We know that innovative business initiatives can advance society faster. Economies of scale and an independent business model are key to lasting growth. The nexus with the public benefit has a variation of legal appearances, all of which have different tax-legal and administrative issues. We help new and existing non-profits design the right structure to boost their performance in a rapidly changing society.
Koele Tax & Legal Perspecta has been appointed Dutch Expert on Social Enterprises by the European Social Enterprise Law Association (ESELA), erected in 2015 at the innitiative of the London firm Bates Wells Braithwaite and the European Commission.
The Netherlands does not have a separate legal form for social enterprises with a restricted dividend policy. But it is possible to create suitable hybrid structures. Based on your long-term goals and wishes, we will model the best (combination of) legal forms in an optimal tax structure. Whether it is an integrated or parallel foundation, association, closely held corporation, cooperation, open limited partnership or a combination with appropriate foreign legal forms. The respective governance must fit your overall purposes. In terms of taxes, the optimization of the income tax burden and the VAT position regarding, among other things, investments, are important considerations. It is easy to make costly mistakes in this area, so it is sensible to get tailored advice.
Maintaining ANBI status
Where corporations are part of the ANBI structure, the perspectives on context, purpose and means are key to maintaining ANBI status. But it is not always necessary to have ANBI status in order to achieve the intended tax neutrality. Where the status is necessary, we will prepare the organization to obtain or maintain ANBI status and if necessary even start proceedings. We enjoy working on the many entrepreneurial initiatives that are being deployed to increase social impact and like using our creativity to assist you in your deliberations.