Company formation in Belgium – SK Patodia

ADVANTAGES OF COMPANY FORMATION IN BELGIUM

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

BASIC REQUIREMENTS

  • 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.

DOCUMENTS REQUIRED

  • 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.

OUR SERVICES

Incorporation services:

  • 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

Compliance Services:

  • Providing a registered office address
  • Book keeping and Preparation of Financial Statements
  • Filing tax and annual returns

TIME PERIOD

It usually takes 1 month for Belgium company formation.
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