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bank asks for the tax residence of the business what should I fill in

Tax domicile is usually the place of actual management

The bank does not ask this out of curiosity, but as part of the client due diligence that it is required to perform under the Money Laundering and Terrorist Financing (Prevention) Act. For most private companies, the tax domicile is simply the Netherlands, and this usually corresponds with the place where the board actually meets and makes decisions — not automatically with the address in the articles of association. As long as management, accounting and day-to-day operations are based in the Netherlands, this field is usually a matter of completing and confirming, not a borderline case.

Doubt arises especially with private companies with a board member abroad, a parent company elsewhere in the EU, or a structure where meetings take place remotely. In that case, the tax domicile may differ from the statutory seat or Chamber of Commerce registration, and that is precisely what the bank will look into further. This is often connected with the question who are the ultimate beneficial owners of the company, because banks assess governance structure and control in context. If the private company has recently had a board change or if management has recently relocated, it is advisable to clarify this internally before filling in the field — a justification after the fact is more difficult than a correct initial entry.

Origin of this data in the business register

The basic information of every business — address, legal form, board members — is registered under the Business Register Act 2007, and that is the first point where a bank or the company's own file refers to. The tax domicile itself is not explicitly stated there; it follows from the actual circumstances of management, not from a registration. For a file that must remain consistent across multiple questionnaires, it makes sense to link this data to the bank and account relationships of the business, because different financial institutions query the same underlying facts in their own way.

What this is based on

The regulation itself is on EUR-Lex. We refer for each claim; you do not have to take our word for it.

What you concretely need to do

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This is not legal advice. This page provides general information on the regulations this platform covers. We do not know your situation. If in doubt about your own case, consult a lawyer or the competent supervisory authority.

Written with AI based on the sources above, checked by a human on 2026-09-05. Is something incorrect? Let us know — corrections receive priority.