How to open a company in belgium
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How to open a company in belgium

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Visit http://www.companyformationbelgium.com/ to find out how to open a company in Belgium. BridgeWest.eu offers you this presentation as an introduction to company formation in Belgium, giving you ...

Visit http://www.companyformationbelgium.com/ to find out how to open a company in Belgium. BridgeWest.eu offers you this presentation as an introduction to company formation in Belgium, giving you the basic information regarding the requested steps for starting a business in this country.

CompanyFormationBelgium.com is a devision of BridgeWest.eu, a company specialized in company registration services throughout Europe. We are an International Consulting Company based in Cyprus, created for international clients looking to expand to the European market. Our company has been created by people with important experience in assisting international clients in their business throughout the continent and we offer quick information and assistance when it comes to setting up a new business abroad, selecting an accountant, collecting debt from a company located overseas or other related services.

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How to open a company in belgium How to open a company in belgium Presentation Transcript

  • HOW TO OPEN A COMPANY IN BELGIUM A presentation brought to you by BridgeWest.eu
  • STEPS FOR COMPANY FORMATION IN BELGIUM• Providing identification documents.• Registering the company’s name.• Setting up the share capital bank account.• Notary procedures• Trade Register proceduresWWW.BRIDGEWEST.EU
  • REQUESTED DOCUMENTS The client has to provide a series of identification documents:• passport copies of the shareholders and directors,• utility bills showing the address of the clients,• other forms provided by the bank,• financial plan,• diploma.WWW.BRIDGEWEST.EU
  • SHARE CAPITAL INJECTION• - if there is only 1 shareholder, the minimum amount paid upon incorporation is 12,400 Euros.• - if there are 2 shareholders, the minimum total amount will be 6,200 Euros.• The amount of the share capital is to be kept into a blocked bank account.WWW.BRIDGEWEST.EU
  • LIMITATIONS There are some limitations when appointing the director:• The companys director must hold a degree.• A college or university degree, since these are recognized in most of the countries.• More often than not a high-school degree is also acceptable.WWW.BRIDGEWEST.EU
  • OPTIONS FOR NON-EU CITIZENS• If the shareholder appoints himself/herself as director, then the director is self-employed, and must obtain a professional card.• If the shareholder is the one appointing the director, then the director becomes an employee of the respective company and therefore a work permit must be obtained.• If the non-EU citizen is married to a EU citizen, then a member of the family (i.e. spouse/brother/sister) who holds a degree can vouch for the director.WWW.BRIDGEWEST.EU
  • NOTES• Any person of any nationality or residence can be director or shareholder in a Belgian company, subject to certain rules, as described above;• The shareholders of a company established in Belgium can be both natural persons or legal entities;• A company in Belgium must hold a local registered office (service provided by BridgeWest.eu);WWW.BRIDGEWEST.EU
  • NOTES• A plan comprising financial information on the future business must be prepared (service provided by BridgeWest.eu).• Depending on the shareholding structure (as previously described), the incorporation of a BVBA (Limited Company) requires the injection of a share capital amounting to 12,400 EUR or 6,200 EUR.WWW.BRIDGEWEST.EU
  • SERVICES PROVIDED BY BRIDGEWEST.EU• drafting the Articles of Association (necessary for the company incorporation in Belgium);• drafting all other documents required for the incorporation of the Belgian company;• arranging Public Notary procedures;• offering a Registered Office in Belgium for your company (if required);WWW.BRIDGEWEST.EU
  • HOW BRIDGEWEST.EU CAN HELP Depending on your business needs, we can help you in the following areas:• Setting up a bank account for your Belgian company.• Recommending an accountant in Belgium;• Establishing a Private Limited Company (Besloten Vennootschap met Beperkte Aansprakelijkheid/ Société Privée à Responsabilité Limitée, BVBA/SPRL);• Incorporating Public Limited Company (Naamloze Vennootschap/Société Anonyme, NV/SA);• Registering a Belgian Branch, Subsidiary or Representative Office. WWW.BRIDGEWEST.EU
  • BELGIUM KEY FACTS• The standard VAT Rate applicable in Belgium is 21%. There are also reduced rates of 12% or 6% that are applicable in some conditions.• In Belgium the tax on dividends is 25%, however in certain conditions it can be reduced to 15%.• Belgium is one of the top locations to commence business in Europe. The Belgian Government offers plenty incentives and benefits in order to create the best climate for foreign investors.WWW.BRIDGEWEST.EU
  • WWW.BRIDGEWEST.EU