Company formation in Belgium is a viable option for businesspeople who are looking for business expansion opportunities, as foreign countries face comparatively fewer restrictions than in other nations. The export sector in Belgium makes for two-thirds of its Gross National Product. Although comparatively small, it is known for its strong economy and ranks among the top 25 countries with the best economies in the world. The standard of life and enhanced business development environment are the main factors that make it one of the most competitive economies in Europe. Additionally, it is situated in the center of Europe and is one of the most sophisticated European countries.
It has a flexible tax system adaptable to economic change
An international network of double tax treaties
It possesses a talented and qualified workforce
It boasts of an enhanced free market economy (both industrial and service sectors)
REQUIREMENT TO OPEN A COMPANY
Minimum 1 Shareholder (any nationality).
Minimum 1 Director (any nationality).
Minimum share capital of Euro 18,550 (of which at least 20% should be deposited with a Belgian Credit Institution before incorporation).
Registered Office Address.
List of proposed names.
For Individual Shareholders: Copy of passport and identification documents, Power of Attorney.
For Corporate Shareholders: Copy of Certificate of Incorporation, AoA, MoA and PAN card or similar document, Shareholding pattern and address proof, Power of Attorney.
For Proposed Directors: Copy of passport and identification documents.
Detailed Financial Plan.
Bank Certificate for deposit of capital.
Name search and name reservation
Preparing relevant resolutions, incorporation documents and company setup
Coordination with Public Notary and formalisation of the By-laws
Registering with Tax Authorities
Assistance in opening a bank account
Providing a registered office address
Book keeping and Preparation of Financial Statements
Filing tax and annual returns
It usually takes 1 month for Belgium company formation.