Belgium offers great opportunities for companies to looking to grow or expand, with corporate tax incentives, a diversified economy, and a strong workforce. With 11 million people and 3 official languages, businesses can find that Belgium is a stepping stone into the European market.
There are many options for companies looking to start or grow their business in Belgium. There are 4 common types of business entities to get started. Belgian labor laws allow for different protections for workers depending on their level and type of work. Workers from outside the EU will need a work permit and visa to legally work in Belgium, and you must register employees with the social security administration and comply with employment regulations. Employment contracts must be in French, Dutch or German and once employees are hired the employer must register them with multiple government authorities. Penalties are high for non-compliance.
The Belgian government issues frequent changes to business regulations, and the variable tax rates change annually at local and national levels, so it is important to work with a partner who knows the laws of Belgium.
The right payroll management software solution provides the tools you need for operational efficiency and regulatory compliance in Belgium. Blue Marble Payroll delivers global payroll solutions you can count on to grow your business in Belgium and offers a wide range of global solutions including Accounting, Tax, Global HRIS, Time and Attendance, and Expense Tracking.