Belgian Company Formation
The authorities impose relatively few restrictions on foreign companies operating within the country. Company limited by shares (S.A./N.V.) and Private Limited Liability Company (S.P.R.L./B.V.B.A.) are the most common types of legal entities in Belgium.
Requirements for a S.A./N.V.:
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Required minimum share capital is €61,500, fully subscribed and paid up.
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Two shareholders required
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Three directors required
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Statutory audit annually
Requirements for a S.P.R.L./B.V.B.A.:
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Required minimum share capital is €18,600, at least €6,200 paid up.
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One shareholder required
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This type only allows one director
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Shareholders are only liable for the assets they brought to the company



