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Offshore company formation

BELGIUM

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INTRODUCTION
 
Belgium lies at the political heart of the European Union and it is the most cosmopolitan of all EU states. This may go some way to explaining its strongly free-market approach to businesses wishing to set up a company in Belgium. The authorities impose relatively few restrictions on foreign companies operating within the country.
 
REQUIREMENTS
 
  • The company has to have at least one shareholder.
  • This form of company admits only one director.
  • At least one shareholder will be required.
  • The minimum share capital for S.P.R.L./B.V.B.A. is €18,600, of which at least €6,200 must be paid up.
  • A business plan must be submitted and a degree or high school diploma must be presented for the director of the new Belgian company.
 
FEES
 
  • Company formation, bank account set up, VAT registration: £3,518.90 ex. VAT.
 
TIMESCALES
 
  • One weeks notice is required by us to set up all the appointments with the bank, notary and office. It takes one week to register the company and two working days to issue the company with a VAT number after this.
 
OFFICES
 
  • Virtual office (includes telephone, fax and mail forwarding facilities): £200 per month payable quarterly in advance plus £600 deposit refundable within 30 days upon termination of your office contract. A one-off fee of £150 is applicable in order to set up this service on your behalf.
  • Serviced office: cost as per requirement.
 
ACCOUNTANCY
 
  • Quote based upon approximate number of monthly invoices and projected annual turnover.
 
HOW DO I PROCEED?
 
In order to commence the formation procedure, we will require the following :
 
  • A completed application form.
  • A certified copy of each director/shareholders passport.
  • Two utility bills that are less than three months old.
  • All documentation should be sent to us.
Laila Rouass Business Inc goodwill ambassador
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