Our Belgium-based experts for company formation offer full incorporation solutions to local and international founders. Our expertise covers company formation, incorporation documents, budgeting, notarial deeds, VAT, and EORI number registrations, UBO registrations, registered office services, among other incorporation needs.
| Quick Facts | |
|---|---|
| Types of companies? | – Private Limited Liability Company (SRL/BV); – Public Limited Liability Company (SA/NV); – Cooperative Company (SC/CV); – General Partnership (VOF/SNC); – Limited Partnership (CommV/SComm). |
| Minimum share capital for LTD Company ? | No paid-in capital, notaries my request a minimum of EUR1000 for signing the documents. |
| Minimum number of shareholders for Limited Company? | 1 |
| Time frame for the incorporation? | 14 days in total |
| Corporate tax rate? | 25% / 20% possible reduction for small businesses |
| Dividend tax rate? | 30% |
| VAT Rate ? | 21% |
| Costs for company registration? | EUR 2300 + VAT – full support for the company registration process |
| Are Shelf Companies Available? | Yes |
| Do you supply a Registered Address/Virtual Office? | Yes |
| Local Director Required | No |
| Foreign-Ownership Allowed | Yes, 100% |
| Corporate bank account required? (YES/NO) | Yes |
| Steps of Belgian company formation? | – choose a business structure, – select available name, – draft necessary documents, – register with Trade Register, – obtain VAT number, etc. |
| Accounting and reporting requirements? | Companies are required to submit financial statements annually, and this should be done no later than six months following the end of the financial year. |
| Subsidiaries allowed (YES/NO)? | Yes |
| Other available entities? | – branches – representative offices |
| Special permits and licenses needed? | If the industry requires (restaurants, hotels, construction, transportation, etc.) |
Do you offer full company incorporation services?
Yes. These can be provided as part of our Belgian business registration service package:
- business name search and validation;
- preparation of legal documentation for the process;
- drafting of articles of association;
- financial planning preparation;
- corporate bank account opening;
- support in notarization processes;
- registration at the Crossroads Bank for Enterprises (CBE);
- VAT registration;
- EORI registration;
- UBO registration;
- registered office services;
How can one open a company in Belgium?
Investors interested in company formation in Belgium should consider these stages:
- choose a type of company;
- open a bank accoun;
- draw up the Articles of Association;
- register with the Crossroad Bank for Enterprises.
We invite you to watch our video below for more details on opening a company in Belgium:
What are the types of legal entities in Belgium?
The various kinds of business organizations that are available in Belgium are:
- Private Limited Liability Company (SRL/BV);
- Public Limited Liability Company (SA/NV);
- Cooperative Company (SC/CV);
- General Partnership (VOF/SNC);
- Limited Partnership (CommV/SComm);
- Branch office of an overseas company.
What information do you need to set up a limited company in Belgium?
To establish a company with a limited liability, our experts will need the following documents and information:
- Copy of id or passport of each founder;
- Residence address of each founder;
- In case the shareholder is a company, we need its proof of existence, such as a document from the register of commerce;
- The name of the future company;
- The address of the future company;
- The future activities of the company;
- Identification information of the future director;
- The starting capital.
What are the costs of company incorporation in Belgium?
The total price for company formation in Belgium offered by our experts is EUR 2.300 + VAT, including:
- redaction of all documents and statutes;
- financial plan;
- notary fees;
- official publication cost;
- ll mandatory subscriptions such as UBO register, CBE (Belgian Register of Commerce), VAT, EORI;
- social security for you and your company.
We can also provide a registered office which costs EUR70 + VAT per month.
What are the key benefits of Belgium as a location to register a business?
Belgium continues to be an ideal choice for foreign businessmen owing to:
- the central location of Belgium in Western Europe;
- entry into European Union markets;
- advanced transport system;
- multilingual labor force;
- favorable business environment;
- well-developed logistics sector.
Frequently Asked Questions about Company Formation in Belgium
Belgium welcomes foreign investments and foreigners have the same rights to open a company as a native. However, they will need to comply with the existing legislation for investments.
A registered office based in Belgium is necessary for any company incorporated in the country.
There is no minimum capital, but notaries refuse to sign any constitution act with less than EUR 1.000 capital.
Yes. Licenses and permits are required for various business activities like selling or storing foodstuffs, importing and exporting various items and others.
Belgium has a corporate income tax of 25%. Payroll taxes, real property taxes and social security taxes and a transfer tax are also among the taxes for companies in Belgium.
Signing the constitution at the notary’s office take around 5 open days. The company registration number is issued 3-4 days after. The statues are issued 2 days later.
Businessmen interested in company formation in Belgium are invited to contact our team of incorporation specialists who can help them incorporate companies in this country.