Do you want to switch from the Small Business Scheme (KOR) to a regular VAT scheme? You can now easily arrange this digitally via Mijn Belastingdienst Zakelijk. Where paper forms used to be required, the process is now fully online. In this article, Balancify explains in which situations deregistration is necessary, how to do it, and what the consequences are.
When is deregistration from the KOR necessary?
There are two main reasons to deregister from the KOR: voluntarily on your own initiative, or mandatory when exceeding the turnover threshold.
Voluntary deregistration
Since January 1, 2025, the minimum participation period of three years for the KOR has been abolished. This means you can deregister at any time. Note that your deregistration only takes effect at the beginning of the next quarter. Make sure to submit your application at least four weeks before the new quarter starts.
Mandatory deregistration when exceeding the turnover threshold
When your annual turnover exceeds €20,000, you are required to deregister immediately. From the moment the threshold is exceeded, you must charge VAT on all sales, including the transaction that caused the threshold to be crossed.
Example: On November 3, your annual turnover is €19,950. On November 4, you sign a new contract worth €600. Your total turnover now amounts to €20,550. From November 4 onward, you are liable for VAT.
What counts toward the €20,000 threshold?
Included:
-
Goods and services are taxed at 21%, 9%, or 0% VAT within the Netherlands
-
Shifted VAT within the Netherlands (for example, subcontracting)
-
Exempt activities that still count, such as financial services and real estate
Not included:
-
Private use of business assets or goods
-
Investments in business assets
-
Services provided abroad
-
Exempt services such as healthcare or education
Deregistering via Mijn Belastingdienst Zakelijk
You can fully deregister digitally through the Dutch Tax Administration’s business portal:
-
Go to Mijn Belastingdienst Zakelijk
-
Log in with DigiD or eHerkenning
-
Select “Register or deregister for the KOR”
-
Choose “Deregister” and complete the form
-
Submit the request
You will receive confirmation within six weeks. Note: if you have already exceeded the turnover threshold, you are immediately liable for VAT and do not need to wait for confirmation.
Deregistered too late? Here are your options
If you deregister late after exceeding the threshold, you have two options:
-
Correct invoices: Credit old invoices and reissue them with VAT.
-
Pay the VAT yourself: You pay the owed VAT yourself — often the least disruptive option for clients.
With Balancify’s software, you can easily track your turnover and receive alerts when you approach the threshold.
What happens after deregistration?
After deregistering from the KOR, you will operate again as a regular VAT-registered entrepreneur. This means:
-
Stating VAT on invoices
-
Filing VAT returns
-
Possibly applying VAT adjustments, for example, for investments made during the KOR period
Balancify helps ensure this transition goes smoothly. Our experts automatically analyze whether a VAT adjustment is required and guide you through each step.
Smart tips from Balancify
Common mistakes we see among entrepreneurs:
-
Deregistering too late, resulting in additional tax assessments
-
Incorrectly assuming that foreign turnover counts
-
Forgetting to revise investments after deregistering from the KOR
Our tip? Automate your administration and stay in control with Balancify’s tools.
In conclusion
The digital deregistration process for the KOR makes entrepreneurs’ lives much easier. However, it remains important to stay well-informed, act on time, and monitor your turnover.
Need help with your VAT obligations or deregistering from the KOR? Balancify supports you with smart software and personal advice. Schedule a free consultation via our website and discover how we can make your work easier.
Do you want to switch from the Small Business Scheme (KOR) to a regular VAT scheme? You can now easily arrange this digitally via Mijn Belastingdienst Zakelijk. Where paper forms used to be required, the process is now fully online. In this article, Balancify explains in which situations deregistration is necessary, how to do it, and what the consequences are.
When is deregistration from the KOR necessary?
There are two main reasons to deregister from the KOR: voluntarily on your own initiative, or mandatory when exceeding the turnover threshold.
Voluntary deregistration
Since January 1, 2025, the minimum participation period of three years for the KOR has been abolished. This means you can deregister at any time. Note that your deregistration only takes effect at the beginning of the next quarter. Make sure to submit your application at least four weeks before the new quarter starts.
Mandatory deregistration when exceeding the turnover threshold
When your annual turnover exceeds €20,000, you are required to deregister immediately. From the moment the threshold is exceeded, you must charge VAT on all sales, including the transaction that caused the threshold to be crossed.
Example: On November 3, your annual turnover is €19,950. On November 4, you sign a new contract worth €600. Your total turnover now amounts to €20,550. From November 4 onward, you are liable for VAT.
What counts toward the €20,000 threshold?
Included:
-
Goods and services are taxed at 21%, 9%, or 0% VAT within the Netherlands
-
Shifted VAT within the Netherlands (for example, subcontracting)
-
Exempt activities that still count, such as financial services and real estate
Not included:
-
Private use of business assets or goods
-
Investments in business assets
-
Services provided abroad
-
Exempt services such as healthcare or education
Deregistering via Mijn Belastingdienst Zakelijk
You can fully deregister digitally through the Dutch Tax Administration’s business portal:
-
Go to Mijn Belastingdienst Zakelijk
-
Log in with DigiD or eHerkenning
-
Select “Register or deregister for the KOR”
-
Choose “Deregister” and complete the form
-
Submit the request
You will receive confirmation within six weeks. Note: if you have already exceeded the turnover threshold, you are immediately liable for VAT and do not need to wait for confirmation.
Deregistered too late? Here are your options
If you deregister late after exceeding the threshold, you have two options:
-
Correct invoices: Credit old invoices and reissue them with VAT.
-
Pay the VAT yourself: You pay the owed VAT yourself — often the least disruptive option for clients.
With Balancify’s software, you can easily track your turnover and receive alerts when you approach the threshold.
What happens after deregistration?
After deregistering from the KOR, you will operate again as a regular VAT-registered entrepreneur. This means:
-
Stating VAT on invoices
-
Filing VAT returns
-
Possibly applying VAT adjustments, for example, for investments made during the KOR period
Balancify helps ensure this transition goes smoothly. Our experts automatically analyze whether a VAT adjustment is required and guide you through each step.
Smart tips from Balancify
Common mistakes we see among entrepreneurs:
-
Deregistering too late, resulting in additional tax assessments
-
Incorrectly assuming that foreign turnover counts
-
Forgetting to revise investments after deregistering from the KOR
Our tip? Automate your administration and stay in control with Balancify’s tools.
In conclusion
The digital deregistration process for the KOR makes entrepreneurs’ lives much easier. However, it remains important to stay well-informed, act on time, and monitor your turnover.
Need help with your VAT obligations or deregistering from the KOR? Balancify supports you with smart software and personal advice. Schedule a free consultation via our website and discover how we can make your work easier.
