The high number of foreign citizens and companies relocating to the Netherlands has encouraged local companies to build more residential and commercial properties in the last few years, according to the Dutch National Statistics Office (CBS). This second quarter of this year brought a 6.3% increase in the turnover reported by construction companies, however the sector has been expanding for three consecutive years. If you are interested in setting up a business in the construction industry, our Dutch company formation advisors can help you.
And the good news does not stop here, as this increase was reported mainly by Dutch small and medium-sized construction firms in the country. While small companies reported a 9.3% increase their incomes, medium-sized companies announced an 8.7% rise. At the other end, large companies have also reported higher incomes but in a smaller percentage of 2.2.
The good performance of the construction sector has also triggered an increase in the number of employees which has reached 527,000 workers, 8,000 more than in the previous quarter.
Our company registration consultants in the Netherlands can assist with the registration procedure of a construction company.
Which probably one of the reasons the Dutch construction sector is registering such a good performance. According to the CBS. The report indicates house prices rose by 19.5% in 2017, the highest growth since 2013. On a year-to-year basis, the prices rose by 7.6% in July, a fact also confirmed by the Dutch Land Register.
The Land Register also announced a rise in the number of houses sold in July. Close to 20,000 houses were sold in July, while the first 7 months of the year, the total number reached 134,260. The increase on an annual basis was of 20%.
Foreign investors interested in starting a business in the construction industry in the Netherlands can rely on our local consultants for assistance in preparing the documents related to the incorporation of the company. Do not hesitate to contact us if you want to open Dutch companies in other performant industries.