Introduction to Belgium
Belgium lies in the heart of the largest industrialised trading bloc in the world, the European Union (EU). It borders the Netherlands in the north, Germany and the Grand Duchy of Luxembourg in the east, France in the south and the North Sea in the west. Along the North Sea, Belgium has a sandy shore of 64.4 kilometres (40 miles), which is situated opposite the part of Great Britain's coast closest to continental Europe...
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Foreign investment and trade opportunities
Belgium is a very open economy that offers a stable environment for direct foreign investment. There is no discrimination between domestic and foreign companies or between branches and subsidiaries. This means that foreign entities have the same legal obligations as domestic entities, but can also benefit from all the rights accorded to domestic entities...
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Importing into & exporting from Belgium
Description of the Belgian customs context
Three major factors determine the fiscal treatment of products cleared through customs upon importation into Belgium:
- their commodity code (based on the Harmonised System)
- their origin
- and value...
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