In the Netherlands, financial transparency is an important element and cornerstone of corporate responsibility. Under Dutch law, audits are mandatory for medium- and large sized companies. Depending on factors such as company size, revenue, assets and group structure, a statutory audit might be compulsory. If you are doing business in the Netherlands, understanding these obligations is essential. 📊
Why auditing matters:
✅ Legal compliance – Dutch law (Article 2:393 of the Dutch Civil Code) requires mandatory audits for companies that exceed a certain threshold in terms of net turnover (in excess of 15 million euros), assets (over 7,5 million euros), or employees (over 50 employees).
✅ Financial accuracy – Audits verify that the financial statements give a true and fair view of the company’s financial position.
✅ Stakeholder confidence – Investors, creditors, and business partners rely on audited financials for informed decision-making.
✅ Fraud prevention – Independent audits help detect and mitigate risks of financial misstatements and fraud.
✅ Business development – A clean audit report strengthens credibility, making it easier to attract funding and expand operations.
KC Audit provides high quality audit and assurance services in accordance with Dutch and international regulations. Our goal is to increase transparency, build trust and support sustainable business growth.
Contact us to find out how we can help your business comply and build trust through independent audits.
