Belgium Besloten Vennootschap met Beperkte Aansprakelijkheid (BVBA) Company Formation

Company Name

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.

Registered Office

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 the company director and shareholder registers must be kept. We are able to provide a registered office as part of our incorporation package.

Directors

Only one director is required to incorporate in Belgium and there are no restrictions on the nationality or residency. A Directors Register must be kept at the registered office in Belgium.

Shareholders

Only one shareholder is required , there are no restrictions on nationality. A Shareholder Register must be kept at the registered office and an annual general shareholder meeting must be held.

Share Capital

The minimum share capital is EUR 18,550 and a minimum of two thirds must be paid up upon incorporation.

Filing Requirements

Annual financial statements must be prepared and filed with the authorities within seven months of the end of the accounting period. These must also be presented at the annual general meeting for approval. Companies considered ‘small’ may prepare simplified financial statements and are not required to appoint an auditor. Annual returns must be filed with the Belgian Authorities.

Timescale

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.

Fees

Belgium BVBA/SPRL Company Formation - £3500

Company Administration & Registered Office - £1750

Opening Bank Account for the share capital - £640

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.

Travel

It is not necessary to visit Belgium in order to incorporate but, if you wish to avoid travelling, we will require Power of Attorney in order to incorporate your company for you.