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Open a Construction Company in Belgium

Updated on Wednesday 20th July 2016

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Open-a-Construction-Company-in-Belgium.jpgConstruction companies are set up to develop building projects of various sizes and destinations. In order to do so, the company should hire employees who have the necessary expertise in the field and to perform its operations in accordance with the stipulations of the Belgian legislation. In order to open a construction company in Belgium it is necessary to follow the incorporation procedure applicable under the local law, but also to obtain special permits, issued especially for this domain. Our team of Belgian company formation representatives can offer assistance to those who need further details on this subject. 
 

Register a Belgian construction company 

 
The compulsory steps which have to be completed in order to set up a company in Belgium refer to the registration of a business name and choosing a legal entity. The businessman will be required to open a bank account in the name of the company, in which he or she will later deposit the minimum share capital, as specified by the statutory documents of the legal entity. 
 
It is also necessary to present a business plan, which will be deposited at a public notary in Belgium. The business plan should explain the way in which the company’s capital will be spent for the first two years of financial activity; our team of Belgian company incorporation agents can offer more details on the main characteristics of the business plan

 

Construction legislation in Belgium  

 
Businessmen who want to open a company in Belgium in the field of construction should know that they are allowed to perform both private and public projects, but the legislation applicable for the two categories differ. 
 
The delivery of a construction project, including buildings, is regulated by the Belgian Civil Code, Articles 1101-1369. 
 
Residential construction projects fall under the regulations of the Law of 9 July 1971. As mentioned above, public construction contracts are regulated by another set of rules, presented in the Law of 15 June 2006. 
 
Construction contracts should contain very clear provisions regarding prices, subcontractors, liabilities and obligations, terms to fulfil the project, the risks incurred by the developer and others. 
 
Businessmen interested in receiving more details on the construction companies in Belgium can address to our team of Belgian company formation consultants.  
 

Comments

  • Donna 2016-07-20

    I believe it is very important to study the local legislation in this field, as it is constantly changing, adding new regulations imposed to contractors and sub-contractors.

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