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Set up SPRL/BVBA in Belgium
A presentation brought to you by our
Specialists in Company Formation in Belgium
11
2
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.
3
>> 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.
4
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.
5
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.
6
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.
7
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.
8
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.
9
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.
10
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.
11
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!
12
• Please contact us for more information at:
+44 203 287 0408
office@lawyersbelgium.com
www.companyformationbelgium.com

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Set Up SPRL or BVBA in Belgium

  • 1. Set up SPRL/BVBA in Belgium A presentation brought to you by our Specialists in Company Formation in Belgium 11
  • 2. 2 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.
  • 3. 3 >> 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.
  • 4. 4 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.
  • 5. 5 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.
  • 6. 6 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.
  • 7. 7 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.
  • 8. 8 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.
  • 9. 9 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.
  • 10. 10 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.
  • 11. 11 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.
  • 12. Thank you for your attention! 12 • Please contact us for more information at: +44 203 287 0408 office@lawyersbelgium.com www.companyformationbelgium.com