Setting up a Private Limited Company in Belgium – what are the main features and requirements?

FEATURES:

• Designated for small businesses and requires at least two shareholders
• The minimum share capital required is €18,550 , out of which €6,500 must be paid up
• Shareholders have limited liability to the extent of their contribution
• Can also be set up by a single shareholder
• The authorities impose relatively few restrictions on foreign companies setting up a Belgian company in the country.

REQUIREMENTS

• The company has to have at least one shareholder.
• A minimum of one director is required.
• The minimum share capital for S.P.R.L./B.V.B.A. is €18,600. The minimum share capital paid up changes with the amount of shareholders.  One shareholder €12,400, two shareholders €6,200 must be paid up. In the case of only one shareholder the personal liability is not limited; in the case of two shareholders the liability is restricted to the share capital.
• A Financial plan must be submitted and a degree or high school diploma must be presented for one of the Directors of the new Belgium Company.

*The authorities in Belgium are extremely strict in regard to the qualifications required in order to become a director of a Belgian company. Contact us today for a free consultation and review of documentation in relation to setting up your Belgium company.

Setting up a Public Limited Company – what are the main features?

• At least two members must join in order to set up this company structure
• The shareholders must provide a minimum capital of 61,500 EUR
• They contribute to the capital of the company in exchange for shares and they have to provide at least 20% prior to company registration

Setting up a Belgian Branch, Subsidiary or Representative Office – what are the main features?

• It can be either a separate entity from the parent company or an extension of the parent company in Belgium, depending on the structure chosen by the foreign company

Can I get a Belgian VAT number?

Licensehub.in can assist you with getting your new Belgian company VAT registered. Licensehub.in work with fiscal advisers based throughout Belgium . Obtaining a VAT number is an essential part of Belgian company formations.Contact us today to see how we can help.

Banking in Belgium:

Opening a Belgian bank account for your Belgian company is a relatively straightforward process which Licensehub.in can assist you with.

In order to open a corporate bank account for your Begian company, a face to face meeting with the bank may be required. We work with major Belgian and International banks . Some of the corporate account features include:

• Internet banking/remote access
• Multi currency accounts
• Unlimited transfers
• Debit/credit cards
• Low transaction fees

Speak with us today to see how we can open a Belgian bank account for your Belgian company.

Additional services

Licensehub.in can assist you with a whole range of additional professional services in relation to your Belgian company formation such as:

• Registered and virtual office services in Belgium
• Accounting and payroll services in Belgium
• Licencing requirements in Belgium
• Premises/Warehouse requirements in Belgium.

Licensehub.in can provide a professional company formation service, for incorporating your company in Belgium, allowing you to access this well-connected heart of Europe.