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Company Formation Belgium

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Open a Pharmaceutical Company in Belgium

Updated on Thursday 02nd March 2023

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Open-a-Pharmaceutical-Company-in-Belgium.jpgThe pharmaceutical industry in Belgium is very well developed as it represents a world leader in this industry. The industry is strongly supported thorough numerous policies and each year, the research and development sector in the pharmaceutical field receives investments with a total value of EUR 1,5 billion, a sum which represents twice as much compared to the European average values. In order to open a company in Belgium in this field, the businessmen will need to receive special permits and licenses provided the relevant authorities, which are issued for the specific activities carried out by the respective company. Our team of company formation representatives in Belgium can assist investors in drafting various types of legal documents. 

 

Register a company in Belgium  

 
The company registration in Belgium starts by choosing a suitable legal entity. Companies set up in the field of pharmaceuticals can be registered under various business forms, but most of the investors prefer to choose the most common type of company, which is preferred throughout Europe. In this sense, we mention the limited liability company
 
The legal entity will be established in the statutory documents of the company, which must be signed at a public notary in Belgium. For this, it is recommended to receive assistance from our team of specialists in company formation in Belgium, who can offer their expertise in the provisions of the Commercial Law
 
Investors are also required to provide a financial plan for the company
 
Any company performing commercial activities in Belgium has to register for taxation purposes. Businesses opened in the pharmaceutical industry are also required to register for social security (as they will employ personnel). The procedure is handled at the One Stop Shop Register
 
Pharmaceutical companies need to register for VAT in Belgium, however, these types of activities are subject to a reduced, 6% rate (compared to the standard 21% rate applicable to the provision of other types of goods and services). Registration is mandatory before the commencement of the activities for all businesses that are subject to this tax. Our team can assist with more information. 
 

Distributing pharmaceutical products in Belgium  

 
In order to establish commercial activities in Belgium related to the distribution of pharmaceutical products, such as drugs, the companies will need to obtain a marketing authorisation
 
However, several exemptions are offered if, for example, the company will distribute medicines which are provided for experimental purposes. 
 
Businessmen can receive an in-depth presentation on the procedure of registering a pharmaceutical company from our team of company formation agents in Belgium.  
 

Meet us in Antwerp

Karel Mul.jpg

      

Karel Mul is a Doctor of Laws and Master of Roman Notarial Law (Ghent University). He is an experienced corporate lawyer and an active member of numerous international organizations. He will help you establish your company in Belgium and assist you in all business related issues you may encounter.

Call us now at (+32) (0)3 2373426 to set up an appointment with our consultants in Antwerp , Belgium. Alternatively you can incorporate your company without traveling to Belgium.

As our client, you will beneficiate from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Belgium.

Contact us

Testimonials

 

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A personalized approach, according to the needs of the client. They follow through every step of the company formation process and will also provide pre-incorporation advice, as needed. Their offer will also include post-incorporation services.

Mihai Cuc, Partner of MHC Law Firm
 

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