1. Review your tax entity
The corporation tax rate is 15% on profits up to € 245,000. Next year this rate will apply up to a figure of € 395,000. Above this level profits will be taxed at a rate of 25%. If you own several companies, you can offset profits and losses between them by setting up a tax entity. This advantage comes with a downside, however: you can only benefit from the lower tax band once. You should therefore review your tax entity and terminate it in good time if you wish to do so. If you want to terminate it with effect from 2022, the Tax and Customs Administration must receive your request before 1 January 2022.