For Japanese entrepreneurs seeking global expansion, the Netherlands presents a unique and promising opportunity. With its strategic location in Europe, business-friendly policies, and strong economic infrastructure, the Netherlands has become a top destination for international business owners. The Dutch Japanese Trade Treaty (DJTT) Visa provides Japanese entrepreneurs with an exclusive pathway to establish and grow their businesses in the country.
What is the DJTT Visa?
The Dutch Japanese Trade Treaty (DJTT) Visa is a special residency permit allowing Japanese nationals to start and operate a business in the Netherlands with minimal bureaucratic hurdles. This treaty-based visa provides significant advantages, making it easier for Japanese entrepreneurs to set up and thrive in the Dutch market.
Key Benefits of the DJTT Visa
1. Simplified Residency Process
Unlike other business visas, the DJTT Visa streamlines the residency application, eliminating excessive requirements. Japanese entrepreneurs are not required to prove that their business benefits the Dutch economy at the same level as non-treaty nationals.
2. No Minimum Investment Requirement
Unlike some visa programs that demand large initial investments, the DJTT Visa does not have a strict minimum capital requirement. Entrepreneurs only need to demonstrate that their business is viable and financially sustainable.
3. Ease of Business Registration
Japanese entrepreneurs can easily establish their business in the Netherlands by registering a sole proprietorship (eenmanszaak) or a private limited company (BV) with the Dutch Chamber of Commerce (KvK).
4. Access to the European Market
The Netherlands serves as a gateway to the European Union, providing Japanese businesses with access to over 450 million consumers. The country’s excellent infrastructure and international trade agreements make it an ideal base for expansion.
5. Tax Advantages and Financial Incentives
The Dutch tax system offers various benefits to business owners, including deductions, allowances, and the 30% tax ruling for highly skilled employees, which can significantly reduce taxable income.
6. Family Inclusion
The DJTT Visa allows entrepreneurs to bring their spouse and dependent children to the Netherlands. Spouses are also permitted to work without needing an additional work permit.
7. Pathway to Permanent Residency
After residing in the Netherlands for five consecutive years, Japanese entrepreneurs can apply for permanent residency, securing long-term stability for themselves and their families.
Steps to Apply for the DJTT Visa
Applying for the DJTT Visa is a straightforward process. Here’s a step-by-step guide:
- Register Your Business – Set up your company with the Dutch Chamber of Commerce (KvK) and obtain a business registration number.
- Open a Dutch Bank Account – Establish a business account to manage finances and meet financial requirements.
- Submit Your Application – Apply for the visa through the Immigration and Naturalization Service (IND) with proof of business registration, financial sustainability, and a valid passport.
- Receive Your Residence Permit – Upon approval, you will be granted a residence permit, allowing you to legally operate your business in the Netherlands.
