G-account

If you send, lend, or second personnel to the Dutch market, a hirer may ask you to open a G-account. If you accept work as a subcontractor, a contractor may ask you to open a G-account.

How does a G-account work?

A G-account is a blocked bank account. The G-account is linked to one or more payroll tax and/or VAT numbers of the sub-contractor. The hirer or contractor deposits the estimated amount of payroll taxes and/or VAT into your G-account. You use this amount to pay the payroll taxes and/or VAT for a sub-number linked to the G-account.

If you, as a subcontractor, do not pay the VAT or payroll tax, the tax authorities cannot hold the hirer or contractor liable anymore for the amount they have deposited (correctly) into the G-account. You decide together with the hirer or subcontractor whether to use a G-account. It is advisable to make agreements in advance regarding the use of a G-account.