Articles about Finance
Practical legal information for entrepreneurs. Read what to look out for, which steps are sensible, and when legal advice is necessary.
Investment sale price of office building can affect WOZ value
Financial
June 6, 2019
Yes, the investment sale price of a leased office building can influence the WOZ value. By law, the WOZ value is determined as if the property were sold unleased and free of encumbrances (the so-called WOZ fictions). Still...
7 legal tips to ensure customers pay faster
Financial
April 10, 2019
Do you want customers to pay faster? Establish payment terms in writing, send reminders immediately after they expire, and build legal incentives into your general terms and conditions: retention of title, a penalty clause, and statutory...
Changing the agreed price? Avoid being classified as an undue payment!
Financial
March 28, 2019
Do you want to change a previously agreed price, for example by increasing the rental or purchase price? Always record that change in writing and have all parties sign it. If you do not do so, then...
Is a gratuitous surety really a good idea?
Financial
February 13, 2019
A gratuitous guarantee seems attractive for persuading a lender, but from a tax perspective, it is often not a good idea. Are you, as a director-major shareholder (DGA) or interested party, posing gratuitously...
Caution: an agreement is more than its name
Contracts
January 24, 2019
The name of a contract is not decisive: a judge or the Tax Authorities look at what actually happens, not at the heading on the document. If you call an agreement...
Thirty days is not a month: be careful with payment reminders
Financial
January 21, 2019
No, “thirty days” and “one month” are not legally the same. If the law or your own terms and conditions stipulate a term of “one month”, you do not cover that with...
Rising energy bills in 2019: the time to raise prices?
Financial
January 17, 2019
Yes, in most cases you are allowed to raise your prices when your costs rise, for example due to a higher energy bill, higher purchasing costs, or inflation. For one-off sales, you are in principle...
Loan agreement between Heusden and Haarsteeg: what you can learn from it
Contracts
January 16, 2019
A loan agreement is a written contract in which you record that you are lending money, under what conditions this occurs, and how it is repaid. Anyone who lends money to a family member, friend...