Workshop: Setup company

321 views
265 views

Published on

Workshop on March 6th 2012 @ ICAB Brussels

Creating your company:
Why should you create a company?
How should you do it?
What could the consequences be?

Published in: Business, Economy & Finance
0 Comments
2 Likes
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
321
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
7
Comments
0
Likes
2
Embeds 0
No embeds

No notes for slide
  • Introduction1 : 00:00-00:05 – Martin + Ramon
  • Introduction1 : 00:00-00:05 - Martin
  • Introduction1 : 00:00-00:05 – Martin NEXT : XAVIER
  • Introduction2 : 00:05-00:10 - Xavier
  • Introduction2 : 00:05-00:10 - Xavier NEXT: MARTIN
  • Company setup : 00:10-00:25 - Martin
  • Company setup : 00:10-00:25 - Martin
  • Company setup : 00:10-00:25 - Martin Who has already created his company ? Who is not in sprl/bvba ?
  • Company setup : 00:10-00:25 - Martin
  • Funding : 00:55-01:10 - Martin Friends Family and Fools Next: LEO
  • Company setup : 00:10-00:25 - Martin Who has already created his company ? Who is not in sprl/bvba ?
  • Company setup : 00:10-00:25 - Martin Who has already created his company ? Who is not in sprl/bvba ?
  • Company setup : 00:10-00:25 - Martin Next: Xavier
  • Company setup : 00:10-00:25 - Martin Who has already created his company ? Who is not in sprl/bvba ?
  • Company setup : 00:10-00:25 - Martin Next: Xavier
  • Q&A – 01:30-01:45 – Xavier & Martin
  • Workshop: Setup company

    1. 1. Finance for Startups workshop Creating your company: Why should you create a company? How should you do it? What could the consequences be? Martin van Wunnik Xavier Corman07/02/2012 Xavier Corman | Martin van Wunnik 1
    2. 2. Sponsors07/02/2012 Xavier Corman | Martin van Wunnik 2
    3. 3. Creativity level Finance & Accounting level07/02/2012 Xavier Corman | Martin van Wunnik 3
    4. 4. Creating your company • Company Setup – Why? – How? – What (results) ? • Group session • Pizza + individual Q&A07/02/2012 Xavier Corman | Martin van Wunnik 4
    5. 5. Who are we ? Martin van Wunnik Xavier Corman07/02/2012 Xavier Corman | Martin van Wunnik 5
    6. 6. This presentation is available for free: http://www.slideshare.net/xaviercorman http://www.slideshare.net/FinanceCoach2407/02/2012 Xavier Corman | Martin van Wunnik 6
    7. 7. Why should you create a company? Limit your liabilities ! Professional business touch Fiscal : tax rate 34% (24% for 3y) Funding or grants requests Succession ...07/02/2012 Xavier Corman | Martin van Wunnik 7 7
    8. 8. Why should you create a company? Formalities & some costs (bank, notary, KBO/CBE, social secretary) Double entry accounting  accountant Revisor for in-natura contributions Cheat ?  309%07/02/2012 Xavier Corman | Martin van Wunnik 8 8
    9. 9. Minimum capital Legal BVBA-SPRL (min.1) CVBA-SCRL (flexible) 18.550 EUR  6.200 EUR (or 12.400 EUR) SA-NV (min.2): 61.500 EUR REAL minimum = Business required !07/02/2012 Xavier Corman | Martin van Wunnik 9 9
    10. 10. Shareholders  Control (>51%) Absolute / Relative majority 40% - 60% 40% - 10% - 10% -10% -10% -10% -10% Voting Rights Class A & B Minority (blocking) interest Investors per phase (dilution)! Stock options: fiscal implications, buyer required vesting conditions : targets, period (4y)07/02/2012 Xavier Corman | Martin van Wunnik 10 10
    11. 11. How to finance your start-up ?07/02/2012 Xavier Corman | Martin van Wunnik 11
    12. 12. How should you do it? Bank Deposit capital on blocked account Notary Statutes: who, why, how, what, where + financial plan registration + publication Guichet/Loket KBO/BCE (knowledge) Business number (i.e. TVA n° BTW – quarterly/monthly) Social secretary Own salary Gérant/Zaakvoerder Get an Accountant !07/02/2012 Xavier Corman | Martin van Wunnik 12 12
    13. 13. What could the consequences be? Hats/Personalities Multiple “Clones” of YOU Dividend Profit distribution to shareholders % ownership Remuneration Free & Creative!07/02/2012 Xavier Corman | Martin van Wunnik 13 13
    14. 14. Hats/Personalities Founders: 3 years responsibility07/02/2012 Xavier Corman | Martin van Wunnik 14 14
    15. 15. 5 questions for an accountant? Also my tax aspects ? Urgent questions ? Quarterly reporting ? (on-line access to books) Overview lists (e.g. petty cash) ? Pricing ? Own network07/02/2012 Xavier Corman | Martin van Wunnik 15 15
    16. 16. Free & Creative! Statutes Business-related costs & investments07/02/2012 Xavier Corman | Martin van Wunnik 16 16
    17. 17. Questions & Answers Free download: http://www.slideshare.net/XavierCorman http://www.slideshare.net/FinanceCoach2407/02/2012 Xavier Corman | Martin van Wunnik 17

    ×