Pages Navigation Menu

Daily Dutch News in English

Amsterdam remains a popular location for multinationals

Amsterdam is still a very popular destination for big multinational companies to set up a subsidiary.

Last year, 118 new multinationals settled in the capital and surrounding area, according to Alderman Carolien Gehrels (Economic Affairs).

In 2010 Amsterdam attracted 122 foreign companies.

Most newcomers to the capital and surrounding area are active in the ICT, creative industries and financial and business services. The new companies created 1231 new jobs.

On January 1 this year, a total of more than 2,200 foreign companies are established in Amsterdam.

A quarter of these companies have its headquarters in the capital. Amsterdam attracts most headquarters after London according municipal figures. In 2011 there were 31 new headquarters in Amsterdam.

The majority of the international companies, who settled in and around Amsterdam in 2011, are from North America (43). Amsterdam is also very popular with entrepreneurs from Asia (37) and Europe (35). Two new companies come from Australia, one has its base in Brazil.

Amsterdam attracted 105 new international companies in both years 2009 and 2008. In 2007 there were 94 and 86 a year earlier.

The fiscal climate in the Netherlands is the main reason many companies register a subsidiary and why the Netherlands is sometimes called a tax haven.