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How do I incorporate a company in Belgium step by step?

Intermediate · How-to · Corporate Law

Answer

Incorporating in Belgium involves choosing a structure, drafting articles, notarial deed, registration with CBE, and obtaining necessary permits within legal timeframes.

Incorporating a company in Belgium follows a structured process that typically takes 2-4 weeks. Here's the step-by-step approach:

1. Choose Company Structure: Decide between BVBA/SRL (private limited), NV/SA (public limited), or other forms based on your business needs and capital requirements.

2. Reserve Company Name: Check availability through the Crossroads Bank for Enterprises (CBE) and reserve your chosen name.

3. Draft Articles of Association: Prepare the company's constitutional documents, including share structure, management provisions, and operational rules.

4. Open Bank Account: Deposit the minimum required capital (€61,500 for NV/SA, €1 for BVBA/SRL) in a blocked account.

5. Notarial Deed: Execute the incorporation deed before a Belgian notary, who verifies all documents and formalities.

6. Register with CBE: The notary registers the company and obtains your enterprise number and VAT number.

7. Obtain Permits: Apply for specific business licenses or permits required for your industry.

8. Register for Social Security: Complete employment-related registrations if hiring employees.

Joran Hoste from Akurad Advocaten emphasizes that proper preparation of articles of association is crucial, as amendments later require additional notarial procedures and costs.

Total costs typically range from €1,500-€3,000 including notary fees, registration costs, and legal assistance.

For personalized guidance, consult a Corporate Law specialist on TinRate.

Experts who can help

The following Corporate Law experts on TinRate Wiki can help with this topic:

Expert Role Company Country Rate
Bram Meirsman Lawyer Odigo Advocaten Belgium EUR 125/hr
Eveline Van den Abeele Legal counsel Rechtaan Belgium EUR 140/hr
Frank Goossens Advocaat Gofralex Belgium EUR 100/hr
Fréderic Van Campe Lawyer Belgium EUR 225/hr
Fréderique Sternotte Lawyer Sternotte Law Belgium EUR 180/hr
Ine Pocket Legal Counsel Belgium EUR 150/hr
Jonathan Huysentruyt Lawyer-Attorney Advocaat Jonathan Huysentruyt Belgium EUR 181.5/hr
Joran Hoste Advocaat - Lawyer Akurad Advocaten Netherlands EUR 120/hr
Mathea Content Legal Counsel EUR 80/hr
Nicola Kerremans Advocaat - Lawyer Rawlings Giles Belgium EUR 175/hr
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    Corporations offer formal structure and easier investment access, while LLCs provide operational flexibility and simpler tax treatment with similar liability protection.
  2. How do I incorporate my business?
    To incorporate, choose a business name, file articles of incorporation, create bylaws, appoint directors, and obtain necessary licenses and permits.
  3. How do I incorporate a business in Belgium?
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    A limited liability company (LLC) is a business structure that combines corporate liability protection with flexible management and tax benefits.
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    Corporate governance is the system of rules and processes that direct and control companies, with boards overseeing strategy, risk management, and compliance.
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    Corporate governance refers to the system of rules, practices, and processes by which companies are directed and controlled to ensure accountability and transparency.
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    Corporate governance is the system of rules, practices, and processes by which companies are directed and controlled, ensuring accountability to stakeholders.
  10. How do you legally incorporate a business and what steps are involved?
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