KOR (Kleineondernemersregeling) is the small business VAT exemption scheme. With annual turnover under €20,000, you do not need to charge or pay BTW, and you are exempt from filing VAT returns.
Small entrepreneurs, freelancers, and startup businesses with annual revenue under €20,000. Especially beneficial if your clients are private individuals who cannot reclaim VAT.
Benefits: no need to add BTW to invoices, simplified reporting, and competitive pricing for private clients. Limitations: you cannot reclaim input VAT, and if you exceed the €20,000 threshold you must leave the KOR immediately; the transaction that takes you above the threshold is already subject to VAT. Under the current rules the choice is more flexible, so reassess it before large investments or when turnover approaches the threshold.
Assessment of whether KOR is beneficial for you, filing the application with the Belastingdienst, and guidance on record-keeping under KOR.