Monday, November 15, 2021

Royal Dutch Shell decided to move its corporate headquarters and tax base to London from The Netherlands

This is big news! The Netherlands used to have a very business friendly reputation as a country! The Dutch have a reputation for being level headed when it comes to business.

"Royal Dutch Shell's decision to move its corporate headquarters and tax base to London may win over shareholders but it has struck a blow to Dutch prestige. read more

As the energy giant crosses the North Sea, it will shed "Royal Dutch" from its name, ending a link to the monarchy in the Netherlands that began when the Royal Dutch Petroleum Company was formed in 1890. ...
The Dutch government said it was "unpleasantly surprised" by the decision, as the country counts the cost of losing another Anglo-Dutch multinational to London after a similar move by consumer giant Unilever (ULVR.L) last year. ...
But it may raise other concerns about business in the Netherlands. Both Shell and Unilever had lobbied the Dutch government to scrap a dividend tax that Britain does not impose. ..."


Credits: Shell verlässt die Niederlande und zieht nach London um

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