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Sharing its capital with the European Union, Belgium is one of the smaller European countries in terms of size. Nevertheless, Belgium is a very dynamic country with multilingual, multicultural influences.
In order to be competitive on an international context, Belgian authorities have decided to set up a Tax Reform (called “tax shift”) which implies a reduction of the work costs and a reduction of the corporate tax level.
This reform has begun in 2015 by reducing the costs on work. Since 2017, the reform has been focused on a decrease of the corporate tax rates and abolishing a number of complex deductions.
However, there are a number of issues, which you must consider when you are looking to set up your business in Belgium.
This document takes you through some of the common questions we come across and gives you practical information about the issues you need to consider.
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