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Belgium company formation
In Belgium, the most prevalent business structures are the Limited Company (BV/SPRL) and the Public Limited Company (NV/SA). Each has its own benefits, primarily differing in terms of required capital and management complexity. A BV/SPRL demands less capital and is easier to manage, whereas an NV/SA requires a higher capital investment and adheres to stricter regulations, making it more suitable for larger businesses.
Common Company Legal Structure
Private Limited company (Besloten Vennootschap met Beperkte Aansprakelijkheid/Société Privée à Responsabilité Limitée; BVBA/SPRL)
The company possesses its own capital and operates as a legal entity with rights and responsibilities, with directors only liable for the amount they invested when the company was established.
Corporate tax rates are significantly lower than individual tax rates. A limited liability company is formed by at least one shareholders, where liability is restricted to the amount of capital invested for shares.
Public Limited Liability Company (De naamloze vennootschap/Société anonyme NV/SA)
This type of business is generally selected for larger companies as the minimum capital is significantly higher than for the Private Limited Liability Company.
The minimum capital is at least EUR 61,500 and upon incorporation, at least 25% of each share needs to be paid in with a minimum total amount of EUR 61,500.
Unlike BVBA/SPRL, the shareholders of NV/SA Company do not play a significant role as at least three directors are required to be appointed to manage the company. If there are only one or two shareholders, it is sufficient to appoint only two directors.
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Contact us today to receive a quotation for our company formation in Belgium. We are here to assist you every step of the way.
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Email: info@yanincorporation.com
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