Business Corruption in the Netherlands
Corruption does not represent a constraint to business in the Netherlands.
Petty corruption
is almost non-existent, and the public administration is transparent, efficient and holds high ethical standards. The Dutch
Penal Code
makes it illegal for anyone to give or receive a
bribe
in the public or private sector, including a foreign public official. Dutch and foreign companies and their subsidiaries can be held liable for corruption offences committed by individuals working on their behalf and can be ordered to pay up to 10% of their turnover.
Facilitation payments
are not permitted, while
gifts
and hospitality may be considered illegal depending on the intent and benefit obtained. The legal framework to fight corruption generally complies with the provisions of the major anti-corruption conventions. Despite increased efforts to crack down on transnational bribery, the country has been criticised by the OECD for insufficient investigation and prosecution activities. Bribery is not widespread in the Netherlands.
November 2015
GAN Integrity Solutions