Belgium Besloten Vennootschap met Beperkte Aansprakelijkheid (BVBA) Company Formation
A BVBA is the most common form of incorporation in Belgium are it closely resembles a limited liability company that offers shareholders liability limited to the value of their shareholding. Upon incorporation a notice must be published in the Belgium Official Gazette along with registration with the Local Commercial Court.
The company name must be unique and not deceptively similar to any other company registered in Belgium. We are able to conduct a company name check to ensure your proposed company name will be approved by the Belgium authorities.
Companies in Belgium must have a registered office that must be a physical address in Belgium. This is where official company documents may be legally served and also where company director/shareholder registers must be kept. We are able to provide a registered office as part of our incorporation package.
Only one director is required to incorporate in Belgium and there are no restrictions on the nationality or residency of the director. A directors’ register must be kept at the registered office in Belgium.
Only one shareholder is required to incorporate with no restrictions on their nationality and 100% foreign ownership is permitted. A Shareholder register must be kept at the registered office and an annual general shareholder meeting must be held.
The minimum share capital is EUR 18,550 and a minimum of two thirds must be paid up upon incorporation.
Once we have received all the necessary information and documentation, including identification documents for the director and shareholders, the incorporation process in complete in two weeks.
Proof of Identity
As part of our due diligence we require proof of identity in the form of a passport copy for all directors and shareholders of the company.
It is not required to visit Belgium in order to incorporate but we will require Power of Attorney in order to incorporate your company for you.