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Types of Belgian Companies

Updated on Thursday 10th November 2016

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Whenever a foreign investor comes to our country with the intention to set up a company in Belgium, it is advisable from him to be informed on the characteristics of all the types of companies in order to make the right decision as far as his interests are concerned. Besides, they must be aware of the fact that Belgium offers a quick and easy incorporation procedure for fully functional companies.

Our company registration experts in Belgium list the main types of companies in the following video:

  • Belgian Private Limited Company (BeslotenVennootschap met BeperkteAansprakelijkheid/ Société Privée à Responsabilité Limitée, BVBA/SPRL)

Usually, this type of structure is used for small businesses, provided that a minimum share capital of 18,550 is paid up. The capital is divided into shares and at least 20% of each share must be paid up prior to incorporation. At least two shareholders are required for setting up this type of structure, regardless of their citizenship or residence. The liability of the shareholders is limited up to their contribution.

  • Belgian Public Limited Company (NaamlozeVennootschap/Société Anonyme, NV/SA)

The minimum share capital necessary for this type of company is 61,500 EUR, which can be paid up by at least two shareholders. The company can be formed by individuals or legal entities, no matter what residence or citizenship they have. The liability is still limited for the shareholders.

  • Belgian one-person Private Limited Company (EenpersoonsBeslotenvennootschap met BeperkteAansprakelijkheid/Société d'Une Personne à Responsabilité Limitée, EBVBA/SPRLU)

When only one person desires to set up a company, this is the proper structure. In this case, the minimum share capital required is 18,550 EUR, out of which at least 12,400 EUR must be deposited prior to company registration in Belgium. This type of company can be set up only by one individual and not a legal entity.

  • Belgian Cooperative Company with Limited Liability (CooperatieveVennootschap met BeperkteAansprakelijkheid /Société Coopérative à Responsabilité Limitée, CVBA/SCRL)

At least three members must decide upon establishing this type of structure in Belgium, provided that they have a minimum share capital of 18,500 EUR. However, at least 6,200 EUR must be paid up before the registration of the Belgian company and the rest can be deposited within five years after the incorporation.

Please feel free to contact our company formation specialists for more information in regards to any of the types of Belgian structures mentioned above.

 

CompanyFormationBelgium is a part of Bridgewest company, an European Company Formation agent with offices all over the world.  For our clients who need legal services in other countries, we recommend our reliable teams from all around the world, such as consultants from Germany, Albania, AustriaSwitzerland or Montenegro.

 

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