Company Formation in Belgium

BridgeWest provides company formation in Belgium. Our assistance includes:

> drafting the Articles of Association (necessary for the company incorporation in Belgium);
The Articles of Association of the Belgian company can be signed through Power of Attorney (the same applies to Public Notary proceedings, a step required by Belgian Law).

> drafting all other documents required for the incorporation of the Belgian company;
These documents include: Specimen Signatures, Special Forms provided by the Company Registration Office in Belgium, passport copies etc.

> arranging Public Notary procedures (The procedures for incorporating a company in Belgium have to be done through a Belgian Public Notary);

> offering a Registered Office in Belgium for your company (if required);
The registered office may be any address where the Belgium company declares to have its headquarters. The registered office will be public.

> setting up a bank account for your Belgian company.
This refers both to an initial share capital account as well as a current bank account after the company is formed. The minimum share capital must be transfered into a bank account, called blocked bank account, but only after the bank approves the solicitation from the future company. In other words, the bank analyzes the file and when they give their accept, the shareholder can make the transfer.

> recommending an accountant in Belgium;
Accountancy services are recommended for any new business registration in Belgium.

BridgeWest provides formation of the following types of companies in Belgium:

> Private Limited Company (Besloten Vennootschap met Beperkte Aansprakelijkheid/ Société Privée à Responsabilité Limitée, BVBA/SPRL) - The private limited company is designated for smaller business having a minimum required capital of EUR 18.550 paid by shareholders. In case of one shareholder, the minimum amount paid upon incorporation must be EUR 12,400. If there are 2 shareholders, the minimum amount which will have to be paid prior to the actual incorporation is EUR 6,200. The company may be established by one ore more founders who may be individuals or companies, Belgian citizens or foreigners. The shareholders are liable to the company's debts and obligations only to the extent of their contributions.

> Public Limited Company (Naamloze Vennootschap/Société Anonyme, NV/SA) - This is a company formed by at least two people, individuals or companies, residents or non-residents, Belgian citizens or not, who contribute to the company's capital in exchange for shares. The shareholders bear a liability limited to the amount of contribution paid. This type of company is designed for larger enterprises, as the minimum required capital must be at least EUR 61.500.

> Belgian Branch, Subsidiary or Representative Office-Any foreign company is able to set up branch entities in Belgium. These can be set up as separate entities from the parent company (Belgian companies having the foreign company as shareholder) or extensions of the parent-company in Belgium.

Please be aware that there are specific regulations with regard to the educational level of the company's director.

BridgeWest is also able to offer ready-made Belgian companies and VAT registration.

Please contact us for more information and prices.