This requires that new employees start by attending Basic Training Trust Officer (BOTO1) to become acquainted with all disciplines, including legal, tax, accounting and increase knowledge about compliance, ethics and behavior & culture.

Module 1 – Trust Fundamentals
• What is a Trust office
• Core activities of the trust company
• The trust sector in the Netherlands and in the rest of the world
• Risks in the trust sector
• The playground
• Integrity and personal responsibility
• The future of the trust industry

Module 2 – Compliance (part 1)
• Duties and Responsibilities of Directors
• Liability
• Role and supervision DNB
• Roll other authorities

Module 3 – Entities (civil/fiscal)
• Public limited company, private limited company, v.o.f., c.v., partnership, foundation and association
• Trust stak, etc.
• Statutes: operation, content, etc.
• Method of transfer of shares etc.
• Organisations within the NV and BV and their powers and operation (board, supervisory board, works council, etc.)

Module 4 – Financial Statement Analysis
• Profit drivers: sales growth, gross margin and impact of FX, operating leverage, balance sheet reading
• Cash flow statements: operating cash flow, investing cash flow, financing cash flow
• Balance sheet analysis: (in)tangible fixed assets, financial assets, working capital, equity and interest-bearing debt
• Links between P&L, balance sheet and cash flow statements

Module 5 – Compliance (part 2)
• WTT/Wwft
• Client research
• Structures & UBOs
• Transaction monitoring
• Unusual transactions, money laundering

Module 6 – Tax Fundamentals – Dutch (part 1)
• Corporation tax
• Participation exemption
• Permanent establishment
• Interest Deduction
• Fiscal unity
• Substantial interest, transfer pricing

Module 7 – Tax Fundamentals – European & International (part 2)
• Fiscal Integrity
• BEPS, Substance
• Dividend tax/withholding exemption
• Tax treaties
• EU, Directives in general
• MLI (focus on PPT),
• DAC6
• Withholding tax
• Information exchange

Exam via MS Teams (Date in consultation)
Surveillant from 3 Masters Opleidingen

Starting trust officers without in-depth knowledge of the industry. Holland Quaestor expects all newcomers to the industry to have passed the mandatory BOTO 1 exam within 2 years after their starting date.

After the training you have relevant fundamental knowledge about legal, tax and accounting with a focus on their integrated application in one’s own field of work. Awareness of the importance of business integrity within the trust office and active participation in its promotion. Promote quality of service in the core functions of the trust office.

7 maart 2025 – Trust Fundamentals
14 maart 2025 – Compliance (part 1)
21 maart 2025 – Compliance (part 2)
28 maart 2025 – Entities (civil/fiscal)
4 april 2025 – Financial Statement Analysis
11 april 2025 – Tax Fundamentals – Dutch (part 1)
18 april 2025 – Tax Fundamentals – European & International (part 2)
25 april 2025 – Exam

Timetable: 9:00 – 13:00