Set Up SPRL or BVBA in Belgium
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Set up SPRL/BVBA in Belgium A presentation brought to you by our Specialists in Company Formation in Belgium 1 1
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Transcript of Set Up SPRL or BVBA in Belgium
Set up SPRL/BVBA in Belgium
A presentation brought to you by our Specialists in Company Formation in Belgium
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Investing in Belgium >>
• Before deciding what country to choose, foreign investors should consider the advantages offered to them by the Belgian market:
an open economy;
good tax regime;
the high quality of life;
very good geographical position.
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>> Investing in Belgium
• There are several types of companies available for incorporation in Belgium.
• One of the most popular Belgian legal structure is the SPRL or BVBA company, which is actually a private limited liability company.
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Guide for Opening a SPRL in Belgium• The most important aspects you need to
take into consideration before setting up a SPRL in Belgium are:
Definition of the Belgian SPRL;
Minimum Share Capital for a SPRL;
Shareholders of a SPRL;
Management Structure of a Belgian SPRL;
Verification of a SPRL in Belgium;
Registration of a SPRL.
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Definition of the Belgian SPRL
• The private limited liability company in Belgium can be either:
a SPRL (Société Privée à Responsabilité Limitée);
or a BVBA (Besloten Vennootschap met Beperkte Aansprakelijkheid).
• This Belgian company type is suitable for small sized businesses.
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Minimum Share Capital for a SPRL in Belgium
• In order to set up a private limited company or SPRL in Belgium, a minimum share capital of 18,550 EUR must be provided.
• 20% of each share must be paid upon incorporation.
• If only one shareholder decides to set up the SPRL in Belgium, the minimum amount paid upon incorporation must be 12,400 EUR.
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Shareholders of a SPRL in Belgium
• One or more shareholders can form a private limited company in Belgium, with no special requirements concerning their nationality or residence.
• Furthermore, they can be individuals or legal entities.
• Shareholders are only liable to the extent of their contribution.
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Management Structure of a SPRL in Belgium
• One or more general managers can represent the management structure of a SPRL in Belgium.
• There are two types of managers in a SPRL in Belgium: a statutory manager and a non-statutory manager.
• Our company formation agents in Belgium can give you more information about the management organization of a Belgian SPRL.
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Verification of a SPRL in Belgium
• A SPRL in Belgium is obliged to hire an auditor if either one of the conditions below is met:
it has at least fifty employees;
if its total assets exceed 3,650,000 EUR;
the annual turnover is more than 7,300,000 EUR.
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Registration of a SPRL in Belgium
• A SPRL in Belgium must be registered before starting its legal activity.
• For that matter, a copy of the articles of incorporation must be submitted with the local registry office.
• Our local experts in company incorporation can help with the entire company registration procedure in Belgium.
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Business Consultancy in Belgium
• For more details about the particularities of a SPRL or BVBA in Belgium, you may contact our local team of company formation specialists.
• Our company incorporation agents are ready to help you establish any business form in Belgium, from limited liability companies to branches or subsidiaries.
Thank you for your attention!
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• Please contact us for more information at:
+44 203 287 0408
www.companyformationbelgium.com
