Personal tax
For self-employed persons: anyone who is carrying on a professional activity in Belgium and who is not bound by an employment contract is a self-employed person.
They are therefore their own boss.
This entitles them to a specific status under employment law, and a specific social security system.
They must also join a social insurance fund for the self-employed, which requires that they pay quarterly contributions.
Once all the formalities are accomplished, various rights will be granted.
They are therefore their own boss.
This entitles them to a specific status under employment law, and a specific social security system.
They must also join a social insurance fund for the self-employed, which requires that they pay quarterly contributions.
Once all the formalities are accomplished, various rights will be granted.
Companies
The most common form of companies are:
The sprl: a private limited company, which is the most common and appropriate form of company for small and medium-sized enterprises. The minimum capital for this company is €18,550. And this form of company has a separate legal personality from the partners in the company.
The SA: a 'société anonyme', the equivalent of a public limited company, is the most common and appropriate form of company for large companies. It can call on new external capital, which will allow the company to expand faster. It offers a separation between the company and the shareholders. The minimum capital is €61,500.
The SC: a cooperative company. This form of company is rarely used because the partners are jointly and severally liable for the commitments entered into by their company. There is no notarial deed, nor any minimum capital.
The sprl: a private limited company, which is the most common and appropriate form of company for small and medium-sized enterprises. The minimum capital for this company is €18,550. And this form of company has a separate legal personality from the partners in the company.
The SA: a 'société anonyme', the equivalent of a public limited company, is the most common and appropriate form of company for large companies. It can call on new external capital, which will allow the company to expand faster. It offers a separation between the company and the shareholders. The minimum capital is €61,500.
The SC: a cooperative company. This form of company is rarely used because the partners are jointly and severally liable for the commitments entered into by their company. There is no notarial deed, nor any minimum capital.
ASBL
Non-profit association: It consists of at least three natural or legal persons.
AISBL
An entity consisting of legal or natural persons, without a profit motive: Although there are many similarities with the ASBL, they cannot be mixed up.
The AISBL has its own characteristics.
The AISBL has its own characteristics.
- It must have an international characteristic, and its aim must be stipulated in its constitution.
- The registered office must be located in Belgium.
- The members of the AISBL cannot receive any material benefit.
- The AISBL consists of two organs: the general management organ and the administrative organ.
- Although no capital is brought in, the AISBL must comply with certain accounting requirements
NGO
Non-governmental organisation: This organisation is a non-profit association. The NGO must be completely independent in terms of its finances.