Checklist KOR (Small Businesses Scheme) | KVK

  • Edited 18 April 2024
  • 1 min
  • Starting
  • Finance

The Small Businesses Scheme, or KOR, is an exemption from VAT (also called turnover tax). You may use the KOR if you meet certain criteria. This may be advantageous for small businesses. Watch this video to find out how it works and what are the pros and cons of the KOR.

After watching 7 steps, you know all the ins and outs of the KOR, so you can decide whether or not it would benefit you. And you will know how to apply. Also read our article on the KOR.Â