After introducing SBR in Netherlands, regulators have mandated filing financial statements and tax returns in SBR framework. Please find below the year of mandate for filing with KvK.
|Class of Companies||Fiscal year||Mandatory filing year|
|Micro and Small||2016 ending||2017|
Netherlands has implemented Standard Business Reporting (SBR) framework which uses XBRL as an underlying standard for submission of various reports to the regulators mentioned below:
XBRL is the format for delivering financial reports in an interactive digital format.
A taxonomy is a classification of description or labels, arranged into hierarchical groups according to the relationship of each to the other.
DataTracks is a global XBRL service and software provider with expertise in compliance reporting solutions. DTracks Limited is
Companies and/or Tax Advisors/Tax Consultants/Accountants/Auditors who wanted XBRL/SBR preparation software to file with appropriate regulator as per SBR Netherlands mandate.
You can reply on DataTracks for several reasons:
We have expertise in Accounting
We provide compliance reporting software and services to enterprises worldwide. Our group was placed fourth worldwide in providing finance/accounting services to midsize enterprises in the US in 2007.
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We have been preparing XBRL documents for more than 13 years for several US corporations. Our software has been recognised by HMRC for providing managed tagging services in the UK.
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