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Company Formation in Antwerp

Updated on Tuesday 15th March 2016

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Company-Formation-in-Antwerp.jpgReasons to invest in Antwerp

 
Antwerp is the most populous city in the Flanders and a recognised economic and cultural centre in the area. Historically, the city was known as a manufacturing and trade zone and today it retains the same characteristics: the Port of Antwerp is one of the most important in Europe and the city’s geographical position is favourable for import and export activities.
 
The city has a good business environment and entrepreneurship is encouraged here. Foreign investors in Antwerp discover that the city is oriented towards promoting a large number of business activities like shipping and logistics, chemical companies but also service providers.
 
The workforce in Antwerp is qualified and multilingual. Also, the city offers lower business costs compared to other European cities.
 

How to open a company in Antwerp

 
Some of the top business sectors in Antwerp include logistics, retail, diamonds processing and distribution or the petrochemical industry.
 
In order to open a company in Belgium, foreign investors will need to start by choosing a suitable business name and preparing the company’s documents such as the articles of association. Depending on the chosen type of company, the founders will need to deposit the minimum share capital into a bank account opened in Belgium.
 
The company needs to be registered with the Crossroads Bank for Enterprises and will receive an identification number and an enterprise number. An application for VAT registration is also necessary. 
 

Corporate compliance in Belgium

 
All registered companies in Belgium need to observe the principles of corporate taxation. The basis for taxation is company residency: resident companies are taxed on their worldwide income while non-resident companies such as branches in Antwerp only on their Belgian-source income. The corporate tax rate in the country is 33.99%.
 
Our specialists can help you open a company in Belgium and complete all the necessary steps for registration. We can also provide adequate accounting services for companies in Antwerp
 
For more information about the requirements for investing in Flanders, please contact our company formation experts in Belgium.
 
 

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