Company registration in Belgium

Belgium – the full name is  the Kingdom of Belgium. The country’s name comes from the Celtic tribe – Belgae. Country is located in Western Europe, is bordered in the north with by the Netherlandsin the east of Germany, the southeast with Luxembourg, and on the south and west of France. Belgium is a member of the EU, UN and NATO.

General information

Area – 30,528 sq. km
Population –  10 444 268 Inhabitants
Сapital – Brussels
Official language –  Dutch, French and German
Official currency –   Euro (EUR)

Legal form of Company

Corporation (SA / NV)
Limited Liability Company (SPRL / BVBA)

Key specials

Belgium has agreements for the prevention of double taxation with following countries:into an agreement for the avoidance of double taxation with the following countries –  Australia, Austria, Bosnia and Herzegovina, Brazil, Great Britain, Hungary, Germany, Greece, Denmark, Israel, India, Indonesia, Ireland, Spain, Italy, Canada, China, Luxembourg, Malaysia Malta, Morocco, Netherlands, New Zealand, Norway, Pakistan, Poland, Portugal, Romania, Russia, Singapore, Slovakia, Slovenia, the USA, Thailand, Tunisia, Turkey, the Philippines, Finland, France, Croatia, Czech Republic, Switzerland, Sweden, Sri Lanka, South Korea, Japan.

Corporate legislation

Trading Code of 1872 ..
The Companies Act 1935

Share capital

Limited Liability Company – 18,550 EUR
Corporation – 61 500 EUR

Bank account opening

For Company we offer bank accounts in following countries:
Latvia
Estonia
Lithuania
Switzerland
Cyprus
Denmark
St. Vincent and the Grenadines
Belize
Seychelles
Tanzania
Bosnia
Hong Kong
Dubai

The main requirements for the directors and shareholders of the company

Legal status – a legal entity
Founders, shareholders – minimum two (for SA); one (for SPRL)
Status – physical or legal person
Residence – can be from any country
The governments
Director – minimum one (for SPRL), two (for SA)
Status – physical person or legal entity
Residence – must be a resident of Belgium
* Registered office address must be in Belgium.

Taxation

VAT (Value Added Tax) – 21%
– Income tax – from 28.84% to 40.17%
– Tax on dividends – 25%
– Payment of interest and royalties – 15%.

Accountancy

The Company is obliged to maintain accounting records
– Serve the annual accounting report;
– The annual financial audit.

Timeframes

New Company registration takes from 1 day.
Shelf companies are available.

For more information, please contact us.