Filing group financial statements in the Netherlands (403 declaration)
For international groups with a Dutch entity, financial reporting obligations can become more complex when a 403 declaration is applied. Recent regulatory changes in the Netherlands have significantly impacted how group financial statements must be filed.
What was previously a relatively straightforward process now requires a more structured and digital approach. Understanding these changes is essential to remain compliant and avoid delays or risks within your international structure when operating in the Netherlands.
What has changed
Recent changes in Dutch regulations mean that it is no longer sufficient to file a copy of the group financial statements when applying a 403 declaration. Instead, financial statements must now be submitted digitally via SBR (Standard Business Reporting).
This shift impacts many international organisations operating in the Netherlands as part of a group structure. It introduces new technical and compliance requirements that need to be addressed at both local and group level, especially in relation to group reporting and alignment.
What is a 403 declaration
A 403 declaration allows a Dutch subsidiary to be exempt from publishing its own financial statements, provided that the parent company assumes liability and consolidated financial statements are filed instead.
While this structure can simplify reporting at entity level, it also creates specific obligations. With the recent changes in filing requirements, these obligations have become more technical and require a more structured approach, often in combination with audit requirements in the Netherlands.
What this means for international organisations
For international companies, this change introduces both operational and technical challenges. Financial data must be prepared in line with Dutch SBR requirements, while still aligning with group reporting standards such as IFRS, US GAAP or HGB.
This often requires coordination between headquarters and local finance teams, adjustments to reporting processes and alignment with international tax structuring.
How we support you
We support international organisations in managing these requirements in a practical and forward-looking way. Our approach combines advisory, compliance and technology.
We help you:
translate group financial data into Dutch reporting requirements
ensure compliance with SBR filing standards
implement software solutions for efficient and accurate submission
align Dutch reporting obligations with your group reporting framework
This ensures that your Dutch entity remains compliant, while maintaining clarity and control at group level.
Need clarity on your reporting obligations in the Netherlands?
Frequently asked questions
What is a 403 declaration in the Netherlands
Do all international companies need to file via SBR
Can you support both reporting and technical implementation
Frequently asked questions
What is a 403 declaration in the Netherlands
A 403 declaration allows a Dutch subsidiary to be exempt from publishing its own financial statements, provided that the parent company takes responsibility.
Do all international companies need to file via SBR
This depends on your structure and whether a 403 declaration is applied. We help determine what applies to your situation.
Can you support both reporting and technical implementation
Yes. We combine advisory and software solutions to ensure both compliance and efficiency.