The Dutch-Japanese Trade and Friendship Treaty (DJTT) visa offers a unique opportunity for Japanese entrepreneurs to establish their businesses in the Netherlands. With its strategic location, thriving economy, and pro-business environment, the Netherlands is an ideal destination for entrepreneurial success. Here’s a comprehensive guide on how Japanese entrepreneurs can leverage the DJTT visa to thrive in the Dutch market.

What is the DJTT Visa?

The DJTT visa is a special residence permit available exclusively to Japanese nationals. This visa stems from a bilateral treaty between Japan and the Netherlands, aimed at fostering trade and economic collaboration. The DJTT visa provides Japanese entrepreneurs with a streamlined path to set up and operate their businesses in the Netherlands.

Key Benefits of the DJTT Visa

  1. Ease of Business Setup: The DJTT visa eliminates many of the complexities typically associated with starting a business in a foreign country.

  2. No Minimum Investment Requirement: Unlike other visas, the DJTT visa does not mandate a specific financial investment threshold.

  3. Tax Advantages: Entrepreneurs can benefit from various tax incentives offered by the Dutch government.

  4. Access to the EU Market: Operating in the Netherlands provides seamless access to the European Union’s 450+ million consumers.

  5. Family Reunification: Dependents can join the entrepreneur and gain access to Dutch healthcare, education, and the labor market.

Step-by-Step Guide to Applying for the DJTT Visa

1. Register Your Business

To qualify for the DJTT visa, you must register a business in the Netherlands. Follow these steps:

  • Choose a Legal Structure: Most Japanese entrepreneurs register as a sole proprietorship (“eenmanszaak”) or private limited company (BV).

  • Visit the Chamber of Commerce (KvK):

    • Schedule an appointment online.

    • Bring your valid passport and a business plan.

    • Register your business and obtain a KvK number.

2. Open a Dutch Bank Account

Having a business bank account is crucial for operating in the Netherlands. To open one:

  • Provide your KvK registration, proof of identity, and proof of address.

  • Choose a Dutch bank (e.g., ING, Rabobank, or ABN AMRO).

3. Arrange Health Insurance

Dutch law requires all residents to have health insurance. Secure a policy with a local provider to comply with this requirement.

4. Submit Your Application to the IND

Once your business is registered, apply for your residence permit:

  • Gather Required Documents:

    • Valid passport.

    • Proof of KvK registration.

    • Business plan.

    • Proof of health insurance.

    • Evidence of sufficient funds for personal support.

  • Attend an IND Appointment:

    • Submit your application in person.

    • Pay the application fee (€360 as of 2024).

    • Provide biometrics (photo and fingerprints).

5. Wait for Approval

The Dutch Immigration and Naturalization Service (IND) typically processes DJTT visa applications within 90 days. During this time, you can reside in the Netherlands while your application is under review.

6. Collect Your Residence Permit

Once approved, visit the IND office to pick up your residence permit. This permit allows you to live and work in the Netherlands as a self-employed entrepreneur.

Tips for Thriving as a Japanese Entrepreneur in the Netherlands

1. Leverage Local Networks

  • Join business associations like the Japanese Chamber of Commerce or local entrepreneur groups to build connections and gain market insights.

2. Understand Dutch Business Culture

  • Familiarize yourself with Dutch values such as transparency, punctuality, and direct communication to establish strong professional relationships.

3. Explore Tax Incentives

  • Utilize schemes like the 30% ruling for highly skilled migrants or the Innovation Box for tech-focused businesses.

4. Embrace Multilingualism

  • While English is widely spoken, learning basic Dutch can help you connect better with clients and collaborators.

5. Stay Compliant

  • Ensure your business complies with Dutch regulations, including tax filings and KvK updates.

Why the Netherlands?

The Netherlands offers a unique blend of opportunity and support for Japanese entrepreneurs:

  • Strategic Location: Proximity to major European markets and world-class logistics.

  • Innovative Ecosystem: A thriving environment for startups and tech companies.

  • High Quality of Life: Excellent healthcare, education, and work-life balance.

With the DJTT visa, Japanese entrepreneurs have a golden opportunity to make their mark in the Netherlands. By following the steps outlined above and tapping into the country’s resources, you’ll be well-positioned for success in this dynamic European market.