Establishing a company in Belgium
Belgium is a relatively small country, with a very advanced economy and economic infrastructure, situated in Western Europe. It has borders with France to the south, Holland to the north, Germany and Luxemburg to the east, and to the west is the coast of the North Sea and beyond it Britain. Its population numbers 11 million, but despite its relatively small size, this country is ranked in the 30 strongest economies in the world. Its economy is diverse, with a stable and booming financial sector, geographical proximity to the European markets, no wealth tax, and additional advantages that make Belgium a relevant and suitable destination for companies wishing to establish a business there.
Belgium became an independent state in 1830, after it seceded from the Netherlands. It is one of the founding members of the EU, and plays a vital role in its management. Several of the EU’s central institutions are located in Belgium (including the European Commission, the European Parliament, and the Council of the European Union). Its currency is, of course, the euro, and its official languages are Dutch (a local dialect called Flemish) and French. Its capital city is Brussels.