NFIA: 100 offices after the British referendum: 325 interested in the Netherlands

NFIA: 100 offices after the British referendum: 325 interested in the Netherlands

Amsterdam

September 10, 2019

Netherlands: Ministry of Economy and Climate Policy

In June 2016, it was held in a referendum asking about Britain’s withdrawal from the EU (Brexit).

Since then, about 100 companies have established offices in the Netherlands based on their decision to be affected by Brexit.

On August 26, NFIA announced that 325 companies are interested in the Netherlands and are expected to increase in the future.

Main case: company that opened a base

US: Information: Bloomberg: Multilateral Transactions (MTF) approval from Dutch authorities in Jan 2019
US: Finance: MarketAxess: Multilateral trading (MTF) approval from Dutch authorities in Feb 2019
UK: Insurance: UK P & I: an office in Rotterdam in March 2019 、obtained approval from the Dutch authorities
US: Insurance: AMBest: Opened second European office in Amsterdam after London in Mar 2019
US: Comm: Discobery: Jan 2019, Pay TV・EU head set up in the Netherlands, business license applied to EU
JP:Finance: Norinchukin Bank: a local subsidiary in the Netherlands in Jan 2019,  obtained approval for establishment in August

NFIA: Investment Environment: Director Hans Kyperth

Of the 325 companies interested in the Netherlands, about 10% are Japanese companies.

Japanese companies: Main industries

electronics,
life science,
Financial related

The feature is that it is considering functions such as finance / holding, regional control, logistics / distribution.

-JETRO

https://www.jetro.go.jp/biznews/2019/09/44069e0113051530.html

Brexit prompts 98 companies’ move to Netherlands | NL Times

With regards to the Brexit,

the Netherlands is particularity attractive to companies active in finance, IT, media and advertising, and health and life sciences, according to the NFIA.

Many of the companies

who already moved or committed to move to the Netherlands, did so because of, for example, banking licenses and broadcasting rights they need to remain active in the EU.

The NFIA mentioned Bloomberg, AMBest, Discovery, and Japanese bank Norinchukin as examples.

https://nltimes.nl/2019/08/26/brexit-prompts-98-companies-move-netherlands