The Netherlands collection profile

Netherlands-bnr

 

Collecting in Netherlands

  • The paying behavior of domestic companies is very good with payment normally taking place within 47 days; however the rules that implement the latest EU Directive on late payments are less demanding than the EU standards.

  • In practice, although the courts are reliable, negotiating payment instalments is often the most efficient way to avoid unnecessary costs and a specialized collection agency may often suffice to obtain payment.

  • When the debtor has become insolvent, debt renegotiation mechanisms are available but remain inefficient and unused, while most bankruptcies are terminated without any payments of dividends to unsecured creditors.

 

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    netherlands

    Netherlands

    Collection complexity

    notable-2


    Collection relating to

    Payments
    $-1
    Court
    proceedings
    Gav-1
    Insolvency
    proceedings
    Arrow-2
     

    Netherlands

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