BELGIUM LOCAL TIME

Country: Belgium
Capital: Brussels
Continent: Europe
Language: French, Dutch, German
Currency: Euro
Time Zones: GMT +1
Dial Code: +32
Abbreviations: BE

Tax Rates in Belgium

Corporation Tax in Belgium: of 33.99% to 29.58% as from 2018 and to 25% as from 2020

Income Tax in Belgium: Effective rate of more than 50% for the highest earners (including social security), compared to an average 45% in Europe

VAT Tax in Belgium: Standard VAT rate 21%

What we can do for you

  • We do all paperwork on forming the company in Belgium
  • Formation is completely remote
  • Can act as Secretary or Treasury
  • Provide nominee Directors/Shareholders
  • Assist with opening a bank account
  • Registration for Taxes, VAT & EORI
  • Develop a website for your business
  • Create a logo of your brand

How we can assist you further

  • Provide with full company administration services
  • Arrange a mailing address for your business
  • Arrange a virtual office for your company
  • Telephone answering service
  • Book keeping, audit & reporting
  • Preparing and submitting VAT return
  • Dealing with local authority
  • Trademark registration

Belgium Company Formation. Belgium Limited Liability Company

For free consultations on company formation in Belgium ask our BRIS Group team

Benefits for company in Belgium

  • BVBA’s shares can be totally owned by foreigners.
  • A shareholder’s liability is limited.
  • One Shareholder and One Director allowed
  • Low Capital: (minimum share capital is 18,500 Euro with two thirds paid up when incorporating).
  • Opportunities to conduct business through Europe.

Types of Companies in Belgium

  • Société anonyme (SA) (public limited company
  • Société privée à responsabilité limitée (SPRL) (limited liability company)
  • Société privée à responsabilité limitée “starter” (SPRL-S) (start-up limited liability company)
  • Société coopérative à responsabilité limitée ou illimitée (SCRL or SCRI) (Co-operative company with limited or unlimited liability)
  • Société en nom collectif (SNC) (general partnership)
  • Société en commandite simple (SCS) (Ordinary Limited Partnership)
  • Société en commandite par actions (SCA) (Limited partnership with share capital)

What you will receive after company formation is done:

  • Belgium Certificate of Incorporation
  • Memorandum of Association
  • Articles of Association
  • Company Extract
  • Company Search Report
  • Company Financial Statements
  • Shareholder resolution on the appointment of the first managing director(s)
  • Tax ID has to be obtained at the tax authorities
This publication is provided for information purposes only. This info should not be treated as a substitute for a tax or legal consultation or legislation. You should not act on the basis of the information contained in this publication without having obtained individual advice from the professional expert.
BRIS GROUP does not assume responsibility for any damage resulting from decisions made by the reader on the basis of this publication.

Our team of consultants are on hand to find out about your specific requirements and take you through the process from start to finish