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Dutch FBIs set to open up to foreign investment

The Dutch Ministry of Finance has backed plans to make Dutch FBIs more accessible to foreign investors.

The Dutch parliament is expected to discuss the FBIs in parliament after lobbying from Dutch funds association DUFUS.

According to analyst Kempen & Co, DUFUS wants to abolish the foreign ownership restrictions, which is 25% of a company at present. Listed sector association EPRA has also lobbied the finance secretary on this point.

In addition, it wants to abolish the 0.55% capital tax, scrap the 15% withholding tax and abolish the mandatory minimum dividend payments.

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