establishing a joint stock company in belgium
TRANSCRIPT
Establishing a Joint-Stock Company in Belgium
A presentation brought to you by LawyersBelgium.com
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Opening a Company in Belgium
• Company formation in Belgium is
accomplished by following a few key steps
once the desired type of company has been
selected.
• Entrepreneurs are encouraged through a set
of incentives and foreign investors enjoy the
same rights as local investors.
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Types of Companies in Belgium
• The main types of companies are the joint
stock company, the private limited liability
company, the partnership or the foreign
branch.
• There are several differences between these
main forms of business.
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The Belgian Joint-Stock Company
• The joint-stock company or the public limited
liability company (the SA/NV) is a popular
choice among investors who want to open a
larger business and who will also rely on the
investments made by the shareholders.
• It has different capital and incorporation
requirements than the smaller, private limited
liability company.
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The Joint-Stock Minimum Share
Capital
• An important difference between the private
limited liability company and the joint-stock
company is the minimum share capital
requirement.
• The amount is larger for the NV and must be
fully subscribed.
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Requirements for Opening a Joint-
Stock Company in Belgium >>
• The company’s Articles of Association must
be drawn up before a Belgian notary and they
are mandatory for the incorporation of the
company.
• The liability of the shareholders is limited to
their contribution to the company’s share
capital. The shares are transferable, although
this procedure can be limited according to
certain special clauses.
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>> Requirements for Opening a
Joint-Stock Company in Belgium
• Belgian companies must have a unique
company name and a bank account where the
required minimum share capital is deposited.
• Joint-stock companies in Belgium must
be registered at the Belgian Trade Register.
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Joint-Stock Corporate Management
• According to the corporate management rules,
Belgian joint-stock companies are required to
have three directors. If the company is
incorporated by two individuals and has only
two shareholders, the Board of Directors can be
limited to only two members.
• Directors in Belgium have certain obligations
and liabilities and must act in the best interest of
the company.
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Joint-Stock Company Taxation in
Belgium
• Joint-stock companies in Belgium must pay
corporate income tax on the profits they derive
from the country, as well as other company taxes
including social security.
• Our lawyers in Belgium can help you with more
information about taxation, including VAT
registration.
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Assistance for Opening a Joint-
Stock Company in Belgium
• For more details about the types of companies
in the country or company management in
Belgium, please contact our Belgian law
firm.
• We can provide complete and
professional legal services for your
company.
For more information please contact us at:
http://www.lawyersbelgium.com
Thank You for
Your Attention!
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