How to create a Limited company in Belgium ?
Vincent Baltus Managing Director
Business One-Stop Shops
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Agenda
The obligations The parties involved The timing The costs The constraints The next steps
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Obligations
Authorisations, licences, specific business related permits/agreements Registration for social security taxes as an employer Registration for social security taxes as a manager VAT registration Registration with Crossroads Bank for Enterprises (CBE) Creation of the legal entity (Publication of the statuts of company)
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The parties involved
Authorisations, licences, business related permits/agreements Registration for social security taxes as an employer Registration for social security taxes as a manager VAT registration Registration with the Crossroads Bank for Enterprises (CBE) Creation of the legal entity
(Publication of the statuts of company)
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The company itself or private advisers
Business One-Stop Shops
Notary
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The timing
Publication in the Official Journal
Business One-Stop Shop
(CBE; VAT; Social Security)
Statuts of company with the Notary
D
D+8
"Business start-up procedures in startBelgium"
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The costs
Notary Depends on the company’s company’ capital
€800 €70 €0 €0 €870
€2,000 €70 €150 €750 €2,970
Business Basic amount One-Stop Shop Additional OneOther Depends on authorisations the business activities
Total
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The constraints
The company’s minimum capital company’
€18,550 or €62,500
The manager’s qualifications manager’
To be checked by the Business One-Stop OneShops And if the notary has not checked …
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The constraints
4 regulated sectors of activity
Construction sector Personal care and services sector Food sector Automobile sector
Authorisations & Business agreements
Variable and after creation of the company
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The constraints
Legislation
Commercial law Tax law Labour law are independent of each other -> OK for one & KO for the other ?
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The Next step: e-Government
Services integrator SPR/C SPR/C Services Directory Region or Region or Community Community Extranet Extranet Services Directory ISS Services integrator (BCSS) Social Security Extranet Internet Internet Commune FPS ISS Services directory VPN, PubliVPN, Publilink, VERA, link, VERA, … … City Province SPP FEDMAN FEDMAN Services integrator (FEDICT) Services Directory
ISS
FPS
Source : presentation of Frank Robben – 27/09/2006
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The Next step: ongoing simplification
Adapting laws to the 21st century Better integration of laws A wider role for the Business One-Stop Shops One56 days -> 11 days -> 3 days
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Questions? Thank your for your attention
Vincent Baltus +32 2 643 78 44
vbaltus@ccib.be
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