
Foreign businessmen can invest in the
Belgian automotive industry, as the country has a long tradition in
vehicle production industry, being one of the key players in the
automotive assembly field. Those who want to
open a company in Belgium in the
field of automotive can benefit from the business opportunities which can arise here, as the
car industry is extremely important for the local economy. The sector is rather large, as it employs more than 85,000 persons, working in more than
300 companies operating in the automotive sector.
Our team of company formation representatives in Belgium can provide more details on how to obtain specific business permits and licenses for this field.
Belgium, an automotive country
One of the main reasons why businessmen should
invest in the Belgian automotive industry relates to the fact that the
car industry is one of the most
important economic sectors in Belgium. At the moment,
Belgian car industry is focused on producing components that have a high value added for
vehicles manufactured here.
Smart technology in Belgium
Foreign businessmen who are interested in
company formation in Belgium must know that the local industry is also aiming at developing new
modern technologies for the car production. The
components of the cars are controlled through
smart technologies, which help at developing the local
car production.
Employees in a
company operating in the
field of automotive are required to know how to handle such technologies and in this sense, we mention that the
Belgian workforce is highly trained in operating with
modern means of technology.
Our team of company formation agents in Belgium can provide more details on the specific regulations that must be respected for those
employing personnel in this country.
Incentives for Belgian automotive industry
Those who want to
register a company in Belgium in the
automotive market can incorporate their
business in Flanders, a
highly developed Belgian region, which produces more than
3,5 million cars per year. The
main hub for automotive in Flanders is the
Port of Zeebrugge.
The local authorities provide many business incentives to further sustain the development of the industry, such as
employment subsidies to help reduce the costs that are associated with
paying salaries in Belgium.
Investors can also receive various grants and funding for the development of the business, but also tax incentives available for numerous matters related to the car manufacturing.