Timeline

Timeline What are the key points to be addressed? Cost
-15 days Choose the company form, a distinctive name, the location of the registered office and the amount of the share capital  
-15 days Choose a notary to execute the deed of incorporation  
-15 days Choose a bank in Belgium to open a special blocked account  
-15 days Identify the assets (other than cash) to be contributed (if applicable) and choose an auditor to draft the special report  
-10 days Open the (special) bank account  
-8 days Draft a financial plan  
-8 days Draft the founders and auditor's reports in the case of a contribution in kind Will depend on the type of assets and work performed
-4 days Deposit the paid-up amount of share capital into the blocked account  
-3 days Founders execute proxies (if not all present)  
-1 days Delivery of a certificate by the bank (directly to the notary)  
DAY X Notarial execution of the deed of incorporation EUR 1,000
+ 1days Deed filed and registered by the notary  
+ 2 days Unique identification number issued  
+ 2 days Release of the funds  
+ 8/9 days Publication of the deed of incorporation  
+ 8/10 days Registration of the company with the Cenral Database for Undertaking / VAT office EUR 300
+ 15 days Registration of the company directors with a social security fund  

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