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Taxation in Belgium

Belgium

Taxation in Belgium

Belgium Business Experts

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  1. Bank instruments available such as BG/SBLC/LC

    We are direct provider for BG/SBLC specifically for lease, at leasing price of (3 % +0. 5% + X% ) of face value, Issuance by HSBC Bank London ,Barclays Bank London , Deutsche Bank, & AAA Rated BanksOur BG/SBLC Financing can help you get your project funded, financing by providing you with yearly renewable leased bank instruments. We workdirectly with issuing bank lease providers, this Instru

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  2. BG/SBLC,MT103,Monetizing,Project Financing,Loan

    Sir,We do not offer direct funding or loans, we offer Bank Instruments in the form of BGs and SBLCs which can be discounted or monetized for funding and we deliver these instruments in accordance with a set of terms and procedures as set by the provider of these instrument.You can speak with a financial advisor for better understanding of these or we can chat over Skype on this. Please

    Total Posts: 1 Last post by kimsungnyon2018

Taxation in Belgium

Corporate income tax

Belgian companies, as well as those Belgian branches of foreign companies, are taxed on their foreign source income. Foreign companies are taxed at a rate of 33.99%. For smaller companies, whose taxable profits don't exceed EUR322,500, the tax rate falls to 24.98%.

Individual income tax

Individuals are taxed on their worldwide income. It is based on salaries and wages, property (real estate) income, self-employment income and any other income earned.

Possible tax deductions include professional expenses, special deductible expenses and personal deductions and allowances. The individual income tax rate varies hugely, relating to the net taxable income from 0% to 50%.

  • 25% on income between 1 and 7,900
  • 30% on income between 7,901 and 11,240
  • 40% on income between 11,241 and 18,730
  • 45% on income between 18,731 and 34,330
  • 50% on income of 34,331 and over

VAT in Belgium

  • VAT is 21%
  • Reduced rate 6/12%

Click here to Ask an Expert about Taxation in Belgium

Organisations that can assist with Taxation

  • > Kreanove

    KREANOVE is a service for new entrepreneurs. If you created your company, your lawyer will probably recommend you to use our service Bank Enterprise Wheel

    More Details Visit Website

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