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Doing Business in the Netherlands 2012 - American Chamber of ...

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<strong>Do<strong>in</strong>g</strong> <strong>Bus<strong>in</strong>ess</strong> <strong>in</strong> <strong>the</strong> Ne<strong>the</strong>rlands <strong>2012</strong><br />

e) Older Unemployed Workers Income Scheme Act (Wet<br />

<strong>in</strong>komensvoorzien<strong>in</strong>g oudere werkloze werknemers or IOW).<br />

The IOW expires on 1 July 2016.<br />

f) Older and Partially Disabled Former Self-Employed Persons<br />

Income Scheme Act (Wet <strong>in</strong>komensvoorzien<strong>in</strong>g oudere en<br />

gedeeltelijk arbeidsongeschikte gewezen zelfstandigen or<br />

IOAZ)<br />

g) Work and Social Assistance Act (Wet werk en bijstand or<br />

Wwb)<br />

h) Artists’ Work and Income Act (Wet werk en <strong>in</strong>komen<br />

kunstenaars or WWIK)<br />

i) Act provid<strong>in</strong>g pregnancy and childbirth benefits to <strong>the</strong> selfemployed<br />

(Wet Zwangerschaps- en bevall<strong>in</strong>gsuitker<strong>in</strong>g<br />

zelfstandigen or ZEZ)<br />

j) Social Support Act (Wet maatschappelijke ondersteun<strong>in</strong>g or<br />

Wmo)<br />

The Wajong, <strong>the</strong> ZEZ and <strong>the</strong> TW are executed by <strong>the</strong> Authority for<br />

Employee Insurance (UWV). The o<strong>the</strong>r Acts are executed by <strong>the</strong><br />

local authorities (gemeenten) or <strong>the</strong> National Insurance Institute<br />

(Sociale verzeker<strong>in</strong>gsbank or SVB). The Acts are funded by <strong>the</strong><br />

Dutch government.<br />

Over <strong>the</strong> past few years, Dutch government has severely tightened <strong>the</strong><br />

conditions for qualify<strong>in</strong>g for <strong>the</strong> welfare provisions and <strong>the</strong> national<br />

<strong>in</strong>surance allowances.<br />

15.5 Employees’ Insurance<br />

Perform<strong>in</strong>g employment activities <strong>in</strong> <strong>the</strong> Ne<strong>the</strong>rlands <strong>in</strong> general leads<br />

to compulsory <strong>in</strong>surance <strong>in</strong> compliance with <strong>the</strong> follow<strong>in</strong>g Acts:<br />

Baker & McKenzie 135

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