Belgian Business

  • Business in Belgium
  • Business Immigration in Belgium
  • Taxation in Belgium


Officially businessi imigration in Belgium isn't present. But if you  have the international passport, experience of business dealing and there is enough means for its organization in Belgium, is minimum know English — it is possible to try.

Irrespective of, whether you are going to start business from straight or to purchase the ready company, the special attention should be turned on legalization of money funds on which you are going to acquire or open business in Belgium. Those businessmen which business creates new work places for citizens of this country use the greatest favor.

Registration procedure is cost enough and long enough.

Registration of time residence permit will occupy from 4 till 5 months. Registration cost on one person, including registration of the acting legal entity, begins from 10 000 euros. At company registration authorized capital at the rate from 18 600 euros which can be spent further for firm activity is brought. It is originally obligatory to bring 30 % from authorized capital.

If authorized capital is brought in non-monetary expression (real estate, office equipment, fixed assets or intangible assets), the expert's statement which is then brought in the constituent certificate is necessary. The authorized capital installment should be assured notaries. If money is placed, there is enough the bank documents confirming entering of money funds into the account. At account opening in the majority of banks of Belgium the deposit is required. The size of the deposit on the average 1 000 euros. Expenses on the consular fees, air tickets, registration duties and the other expenditure connected with moving and the organization of new business besides are coming.

In five years provided that you constantly live in Belgium, have acting business and pay all taxes put under the law, you can obtain citizenship.

The firm created or acquired by you should be brought in the trade register. The juridical person in Belgium should have at least two founders. Founders, in turn, can be both legal, and physical persons. Availability of citizenship of Belgium or a permanent residence in territory of the country for founders isn't required. After documentary registration of firm the received certificate is assured notarially and published in official sheets.
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The Belgian company should have a legal address.

To this address the accounting documentation is stored. The legal address should be specified at the first shareholders meeting and is published. Addresses the address of legal office which makes your papers can be such. If it is necessary, it is possible to lease or purchase premises for office. Rent and the prices for real estate in Belgium high. Premises in city center the area to 120 кв meters will manage at the price from 150 000 euros.

Most often in Belgium open private restricted liability societies. But there are also such organization-legal forms as an anonymous society and cooperative society with limited responsibility. Activity of societies is regulated by the Trading Code of 1972 and the Companies act of 1935, with the subsequent editions. All organizations necessarily hand over the annual balance sheet.
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