When you decide to register a company in Belgium, it’s important to note that the first steps you should take is incorporating and registering your company. In order to do this, you must first choose three company names. The chosen names are then submitted with the competent authorities in Belgium for a confirmation.
Subsidiaries are legal entities with capital that is partially or totally owned by foreign companies. However, the management of the subsidiary is not conditioned by the foreign capital, and the entity is able to handle business contracts, hire employees or issue and transfer shares.
Holding companies can be incorporated in Belgium as limited by shares – SA, or private limited companies – SPRL. The minimum share capital required depends of the type of company.
In Belgium, companies usually have to pay various taxes, depending on the type of company, their activities, gained capital and other factors.
Citizens from the European Union don’t require work permits to seek employment in Belgium. However, non – EU citizens must obtain a work permit, usually applied for by the potential employer, in order to be entitled legally to work in the country.