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Strategic Position
As a member of the European Union, Belgium serves a market of over 500 million EU consumers. Thanks to Belgium's geographical location, trade across Belgian borders is extremely fast, with export compliance requirements being met in just one hour. This is one reason why Belgium ranks first in the world in the cross-border trade category among 190 economies in the World Bank's Doing Business Report.
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Diversified Economy
Belgium is committed to strengthening and expanding free trade agreements to facilitate entry into international markets and further promote economic growth. Belgium is the 12th largest exporting country and the 14th largest importing country globally. The service sector contributes to nearly 75% of the GDP and employs 73% of the workforce. Additionally, the region is a hotbed for developing biotechnology industries, mainly focusing on research, start-ups, and medical trials. Belgium's market comprises the French-speaking Walloon region, the Dutch-speaking Flemish region, and a small German-speaking area. This diversity makes Belgium an ideal place for companies to test products before expanding sales across Europe.
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Strong Infrastructure
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Political Center of the European Union
Brussels is often referred to as the "capital of Europe" and serves as the center for European and global governance. Notable institutions such as NATO and the European Union have their headquarters here. Aside from politics and administration, Brussels is also an active international business center and is the second most preferred destination for international association meetings, after Singapore.
Tax Info
Enter Dynamic Page- General CIT Rate
- 25
- CIT Return Due Date
- The tax return must be filed by 30 September of the tax year for financial years ending between 31 December of the previous year and the last day of February of the tax year; in other cases, by the last day of the seventh month after the end of the financial year. The deadline can be extended for serious reasons or force majeure.
- CIT Payment Due Date
- Under normal circumstances, within two months of issuing the assessment notice.
- CIT Estimated Payment Due Date
- (Optional) Quarterly installment payments.
- Resident Withholding Tax (Dividend/Interest/Royalty)
- 30/30/30
- Non-Resident Withholding Tax (Dividend/Interest/Royalty)
- 30/30/30
- General VAT Rate
- 21
- General Capital Gain Tax Rate
- Capital gains are subject to the normal CIT rate (except capital gains on shares under certain conditions):25%.
- Composite Effective Average Tax Rate
- 25%
- Composite Effective Marginal Tax Rate
- 18%-19%
Administrative Regions
- BRU - Brussels-Capital Region
- VAN - Antwerp
- VBR - Flemish Brabant
- VLG - Flanders
- VLI - Limburg
- VOV - East Flanders
- VWV - West Flanders
- WAL - Wallonia
- WBR - Walloon Brabant
- WHT - Hainaut
- WLG - Liège
- WLX - Luxembourg
- WNA - Namur
Belonging Jurisdiction
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BE - Belgium
Kingdom of BelgiumLearn MoreKingdom of Belgium -
EEA - European Economic Area
European Economic AreaLearn MoreEuropean Economic Area -
EU - European Union
European UnionLearn MoreEuropean Union -
WORLD - Global
EarthLearn MoreEarth
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