Your SlideShare is downloading. ×
DRT TAX
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

DRT TAX

673
views

Published on


0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
673
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
7
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Setting up a Business in Belgium
    • Romeinse steenweg 1022
    • 1780 Wemmel
    • BRUSSELS BELGIUM
    • WWW.DRTPARTNERS.COM
    • TEL +32 2 456 89 10
    • FAX +32 2 456 89 11
  • 2. Setting up a Business in Belgium
    • 1.?? PERMANENT ESTABLISHMENT ??
    • 2.VAT REPRESENTATIVE
    DOING BUSINESS WITHOUT COMMERCIAL PRESENCE IN BELGIUM
  • 3. Setting up a Business in Belgium
    • COMMERCIAL PRESENCE IN BELGIUM
    • 1. SELF EMPLOYED INDIVIDUAL(registration )
    • 2. BRANCH OFFICE (registration+publication)
    • 3. A BELGIAN COMPANY ( public notary)
    • ALWAYS : commercial registration + special licence for some activities+…..
  • 4. Setting up a Business in Belgium
    • A BELGIAN COMPANY
    • Type of company : SA or SPRL
    • Difference : share capital,shareholders,directors….
    • + = limited liability,managment fees,intrest>< branch
    • - = statutory auditor,……
  • 5. Setting up a Business in Belgium
    • BRANCH OR COMPANY IN BELGIUM
    • =BELGIAN BOOKKEEPING LAW
    • IN FRENCH,DUTCH,GERMAN….
    • =PUBLICATION ANNUAL ACCOUNTS
    • =AUDIT
    • =CONSOLIDATION
  • 6. Setting up a Business in Belgium
    • EMPLOYMENT(1)
    • Formalities (e.g. workpermit =non EU)
    • 12 months+holiday+13th onth=13.92months
    • INDEXATION
    • Termination by employer = notice period!!
  • 7. Setting up a Business in Belgium
    • EMPLOYMENT(2)
    • Social security =
    • = 13,07% employee
    • = 35% employer
    • =NO BELGIAN SOC.SECURITY IN CASE OF SECONDMENT (=UK SOC SEC)
  • 8. Setting up a Business in Belgium
    • TAXATION :INCOME TAXES INDIVIDUALS
    • 0% TO 50%
    • +COMMUNE TAXES
    • INCENTIVE= EXPATRIATE STATUS !!
  • 9. Setting up a Business in Belgium
    • TAXATION : CORPORATION TAX
    • Tax rate = 25% - 33.99%
    • Incentives:-dividend deduction
    • -investment deduction
    • -notional intrest deduction
    • -accelerated depreciation
    • -R&D incentive
  • 10. Setting up a Business in Belgium
    • V.A.T
    • RATES: 0% 6% 12% 21%
    • MONTHLY OR QUATERLY VAT RETURNS
    • +VAT LISTINGS
    • VAT DEDUCTIBLE=
    • 50% CARS (100% VAN,TRUCK)
    • 0% ALCOHOL,RESTAURANT,HOTEL
  • 11. Setting up a Business in Belgium
  • 12. Setting up a Business in Belgium
    • Quality of life
  • 13. Setting up a Business in Belgium
    • UK,France,GERMANY,NL
    • Housing
    • Health care
  • 14. Setting up a Business in Belgium surrealistic
  • 15. Setting up a Business in Belgium
    • 4 REGIONAL GOVERNMENTS
    • 3 OFFICIAL LANGUAGES
    • BRUSSELS–EC HQ (REPR 27 STATES)
    • SMALL COUNTRY
  • 16. Setting up a Business in Belgium
    • 1 year = 13.92 months
    • Gross salary =
    • +35% soc.security
    • SECONDMENT=uk soc sec
  • 17. Setting up a Business in Belgium
    • Timing
    • Government = 3 days !!!!
    • Reality = 4 to 6 weeks
    • Company registration nr = essential
  • 18. Setting up a Business in Belgium
    • 27 EU countries =27 different governments
    • UK/B/D/FR/NL/IT....VAT-bookkeeping-taxes-social-deadlines- !!!!!!!!!
  • 19. Setting up a Business in Belgium
    • [email_address]
    • [email_address]

×