Deduction of the Income Tax base: disallowed expenses, exempt foreign income, dividends-received deduction, notional interest deduction, both distributed and retained profits are subject to corporate income tax, tax losses carried forward, investment deduction, patent income deduction.
|Number of Payments of Taxes per Year||11.0||12.0||11.0||9.0|
|Time Taken For Administrative Formalities (Hours)||156.0||176.0||175.0||207.0|
|Total Share of Taxes (% of Profit)||57.7||42.7||46.7||46.8|
Source: Doing Business - Last Available Data.
|Income tax is withheld at source:||from 25 to 50%|
|From EUR 0 to 8,070||25%|
|From EUR 8,070 to 11,480||30%|
|From EUR 11,480 to 19,130||40%|
|From EUR 19,130 to 35,060||45%|
|Over EUR 35.060||50%|
The special expatriate tax status also offers two important tax advantages to foreign executives: the “tax-free expatriation allowances” and the “travel exclusion”.
|Type of property and law||Validity||International Agreements Signed|
Patent Cooperation Treaty (PCT)
|10 years renewable if they are put on the market within 5 years.||
Trademark Law Treaty
Protocol Relating to the Madrid Agreement Concerning the International Registration of Marks
|Maximum 25 years|
|70 years from the death of the author||
Berne convention For the Protection of Literary and Artistic Works
Convention for the Protection of Producers of Phonograms Against Unauthorized Duplication of Their Phonograms
Rome ConventionFor the Protection of Performers, Producers of Phonograms and Broadcasting Organizations
WIPO Copyright Treaty
WIPO Performances and Phonograms Treaty
|5 years (can be renewed twice).|
|New Year||January 1|
|Easter Monday||Mobile holiday in April|
|Labor Day||May 1|
|Ascension||Mobile holiday May|
|Whit Monday||Mobile holiday May|
|Flemish community celebration||July 11|
|National holiday||July 21|
|French community celebration||September 27|
|All Saints' Day||November 1|
|German community celebration||November 15|
|St Stephen's Day||December 26|
|Summer vacations||15 July- 15 August|
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Last Updates: October 2014