Ease of Doing Business in


Belgium Download Profile (1737.1KB, pdf)
Region OECD high income
Income Category High income
Population 11,285,721
GNI Per Capita (US$) 44,360
City covered Brussels



DB 2017 Rank



DB 2017 DTF (% points)

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  • group
Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 42 38 down
73.00 73.02 down
Starting a Business 17 15 down
94.49 94.48 up
Dealing with Construction Permits 44 41 down
75.34 75.33 up
Getting Electricity 60 53 down
79.58 79.58
Registering Property 131 132 up
51.43 51.84 down
Getting Credit 101 97 down
45.00 45.00
Protecting Minority Investors 63 62 down
58.33 58.33
Paying Taxes 66 64 down
77.31 77.42 down
Trading across Borders 1 1
100.00 100.00
Enforcing Contracts 52 52
64.25 64.25
Resolving Insolvency 10 10
84.32 84.00 up

DB 2017 Rank:


DB 2016 Rank:


Change in Rank:


DB 2017 DTF (% points):


DB 2016 DTF (% points):


Change in DTF (% points):


Legal form Société privée à responsabilité limité/besloten vennootschap met beperkte aansprakelijkheid (SPRL/BVBA)
Paid-in minimum capital requirement EUR 6,200
City Brussels
Indicator Belgium OECD high income
Procedure – Men (number) info_outline 3 4.8
Time – Men (days) info_outline 4 8.3
Cost – Men (% of income per capita) info_outline 5 3.1
Procedure – Women (number) info_outline 3 4.8
Time – Women (days) info_outline 4 8.3
Cost – Women (% of income per capita) info_outline 5 3.1
Paid-in min. capital (% of income per capita) info_outline 17 9.2
  • No. Procedure Time to Complete Associated Costs

    Deposit at least 20% of the initial capital with a Belgian credit institution and obtain a standard certification confirming that the amount is held in a blocked “capital” account

    Agency: Commercial Bank

    The full amount of capital must be fully and unconditionally subscribed, but it does not have to be immediately paid in unless the capital contribution is fully in kind. However, by law, a fifth of the total capital paid-in cash (no less than EUR 6,200) must be paid in.

    For those private limited liability companies incorporated by only one shareholder, the amount of the capital to be paid in is EUR 12,400. In some cases, the paid-in and minimum capital can be reduced to EUR 1. Indeed, the Belgian legislation allows, when certain conditions are present, to set-up a limited liability company (called SPRL Starter /BVBA Starter) without the minimum capital and paid-in capital of the SPRL/BVBA (article 214, §2 Company). However, this does not apply to the case study.

    1 day no charge

    Deposit a financial plan with the notary, sign the deed of incorporation and the by-laws in the presence of a notary, who authenticates the documents and registers the deed of incorporation

    Agency: Notary Office

    The incorporation deed (which includes the initial version of the bylaws) must be drawn up in French or Dutch if done within Brussels. The required content is outlined in Articles 69 and 226 of the Company Code. The incorporation deed will then be signed by the founders and the notary. When the deed is signed it can only be done in person.

    The requirements are:
    1) Evidence of the deposit of initial capital,
    2) Financial plan. The financial plan describes and justifies the amount of initial capital. The plan must show that the initial capital will cover company operations for at least the first 2 years. The founders sign the plan and deposit it in the notary public’s custody before incorporation.
    3) Personal information from founders.

    Companies later have the option of filing and completing registration online with the notary or in person at the One Stop Shop.

    If the company has opted for the "online” procedure, then notary will proceed to electronically file the documents through the online site (www.e-notariat.be), which is only accessible to notaries. The e-notariat system (e-depot project) allows notaries to electronically file the deed of incorporation with the various data banks (Tax, VAT and Social Security), and to obtain the enterprise number of the company. Even though the company is able to obtain the enterprise company number this way it must still visit the OSS in order to activate the number.

    For the notary fees, the following formula shall apply:
    - For the range of capital EUR 0 - 37,000 [= max EUR 37,000], the rate is 0.570%
    - For the range of capital EUR 37,001 – 99,000 [= max EUR 62,000], the rate is 0.399%
    - For the range of capital EUR 99,001 – 224,000 [= max EUR 125,000], the rate is 0.285%
    - For the range of capital EUR 224,001 – 534,000 [= max EUR 310,000], the rate is 0.171%
    - For the range of capital EUR 534,001 – 1,784,000 [= max EUR 1,250,000], the rate is 0.057%
    - For the range of capital EUR 1,784,001 – 3,333,500 [= max EUR 1,549,500], the rate is 0.0228%

    For the surplus, the rate is 0.0114%.

    1 day Fixed registration duty of EUR 50 + Registration duty on written documents of EUR 95 + publication cost of EUR 177.2 + Notary fees around EUR 1,048 + notary's various costs (including file and administrative costs) of about EUR 300 + VAT

    Register with the Register of Legal Entities, VAT, and social security at a centralized company docket (guichet-entreprises / ondernemingsloket) and obtain a company number

    Agency: One-Stop Shop Register

    The registration with the trade registries (one or several) and the social security authorities is centralized.

    After the filing of the deed of incorporation, the clerk's office will automatically register the company with the Register of Legal Entities, which is part of the Crossroads Bank for Enterprises. The company will be given a single identification number, the enterprise number (numéro d'entreprise, or ondernemingsnummer), which can be activated only by using a recognized one-stop shop (guichets d'entreprises or ondernemingsloketten).

    Based on the number of employees, the projected annual turnover, and the shareholder class (private individuals), the company will qualify as a small- or medium-size enterprise (SME) according to the meaning of the Promotion of Independent Enterprise (General Provisions) Act of February 10, 1998. For a small or medium-size enterprise, activation of the company's registration with the Crossroads Bank for Enterprises (as referred to above) will be possible only once a certificate of competence has been obtained. The person in charge of daily company management must evidence his knowledge of business management with documentary proof of education (diplomas, etc.) or practical experience.

    The company may request the VAT registration number either directly from the local VAT administration or through the centralized company docket, which can apply for the VAT registration number electronically (but in both cases, the VAT registration number will be granted by the VAT administration). The VAT registration and social security registration are done through a single enterprise number. The company therefore only needs to request the activation of the enterprise number as VAT registration number, if necessary for its activities. This activation can be done by the one-stop shop or directly by the VAT administration.

    As of 1 April 2010, the company must register with the social insurance fund for self-employed persons ("caisse d'assurances sociales pour travailleurs indépendants" / "sociale verzekeringskas voor zelfstandigen") at the latest on the day of the start of the activities, and no longer within 3 months of incorporation. It must pay into this fund an annual contribution of EUR 868 at most. In addition, if the company has employees in Belgium, it must register with the Belgian social security administration for salaried workers (ONSS/RSZ) and comply with all applicable Belgian employment regulations.

    The fee for registering a company is EUR 82.5 for the main business entity and EUR 82.5 for every additional business unit to be registered with the Crossroads Bank for Enterprises.
    VAT registration is (a) free of charge if done directly through the local VAT office and (b) EUR 55 (VAT excluded) if done through a one-stop shop (company docket).

    2 days (1 day for commercial registration, 1 day for social security and VAT) EUR 82.5 (registration fee) + EUR 55 (VAT registration)