+44 1372 750800

Starting a Business in Belgium

Belgium Key points

  • Time - only 2 weeks to incorporate your company
  • Cost - a Belgian company will cost £3240
  • Directors - only one director of any nationality, is necessary for your BVBA company
  • Directors - Belgium requires the director to have educational or professional qualifications
  • Shareholders - only one shareholder required, of any nationality
  • Share Capital - the share capital requirement is €18,550
  • Support - using our 20 years experience we guide you throughout every step of the company formation process

Directors Requirements

  • Directors may be of any nationality and may reside anywhere
  • Only one director is required
  • There is no requirement to appoint a local resident director
  • Directors need professional qualifications.
  • The director can be a person or a corporation

Shareholders Requirements

  • Shareholders may be of any nationality and may reside anywhere
  • Only one shareholder is required. This can be the same person as the director
  • Nominee shareholders are allowed. Formacompany can provide this service
  • The shareholder can be a person or a corporation

Power of Attorney

It is not a requirement to visit Belgium because it is possible to be represented by another person. A power of attorney certified with an Apostille or a Legalisation by a foreign notary must be used for this purpose. Formacompany can represent you as founder and/or shareholder before the notary at your request

Belgium Financial Plan

To incorporate a Belgium company a financial plan is required, we can assist in the drawing up of your financial plan.

This needs to include the following:

  • Setting up of the accounting system and initial parameter setting
  • Drawing up of the accounting plan
  • Classification and entry of the accounting documents
  • Description and justification of the amount of the initial capital
  • Show the initial capital will cover the operations of the company for at least the first two years

Services we can offer when incorporating your BVBA company in Belgium:

  • Examination and analysis of the new company
  • Drawing up of the provisional accounts
  • Assisting in the drawing up of a business plan
  • Study of the appropriate financial structure required
  • Checking the regulations governing the company activity
  • Drawing up of the articles of association with the notary
  • Drawing up of a report in the case of contribution in kind
  • Preparation of the dossier for the auditor
  • Drawing up of the financial plan in accordance with the law
  • Monitoring and obtaining of a certificate of aptitude in business administration and other certificates of aptitude from the Chamber of Commerce and Trade
  • Monitoring the registration of the company in the Trade Register or the register of non-trading companies
  • Supervision of the signing of the memorandum of association
  • Application for VAT registration
  • Registration of the company with a social insurance office for self-employed workers