How to Start a Business in Belgium
A practical 7-step guide for local and international entrepreneurs — from choosing the right company type to getting your first invoice out the door.
A practical 7-step guide for local and international entrepreneurs — from choosing the right company type to getting your first invoice out the door.
Starting a business in Belgium is straightforward if you follow the right steps. The most popular structure — the BV/SRL — requires no minimum capital and can be operational in 3–6 weeks. This guide walks you through the complete process, from your initial decision to your first invoice. For the broader picture, see our doing business in Belgium overview and company registration guide.
Belgium offers several options. For most entrepreneurs, the BV/SRL is the best choice:
| Structure | Capital | Liability | Best For |
|---|---|---|---|
| BV/SRL | No minimum | Limited | Most businesses — recommended |
| Sole proprietorship | None | Unlimited | Freelancers, low-risk activities |
| NV/SA | €61,500 | Limited | Large businesses, IPOs |
For a detailed comparison, see our BV vs NV comparison. For foreign founders, all structures are available with no nationality restrictions.
Belgian law requires a financial plan for BV/SRL and NV/SA formation. This is a 2-year projection demonstrating sufficient starting equity. Our team drafts this for you. See requirements for the full document checklist.
The registration process involves: drafting articles of association → notarial deed → CBE registration → VAT activation. Total cost: €2,500–€5,000 for a BV/SRL. Timeline: 3–6 weeks.
Open a Belgian corporate bank account with your CBE number and notarial deed. See our bank comparison for the best options. Non-resident founders may need an in-person meeting.
Engage an accountant or bookkeeper from day one. You need: daily bookkeeping, quarterly VAT returns, annual accounts, and corporate tax return. Cost: €200–€500/month for a small company.
If you are a self-employed director, join a social insurance fund (Acerta, Securex, Liantis, etc.) within 90 days. Quarterly contributions: ~20.5% of net income, minimum ~€800/quarter.
Issue your first invoice, begin marketing, and consider hiring. For payroll, use a licensed social secretariat. For international employees, see work permits. For ongoing tax advisory, our team optimises your position.
