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Belgium flag Belgium:

Presentation of Belgium : Taxation

VAT (value added tax) - Taxe sur la valeur ajoutée (TVA)/ Belasting over de toegevoegde waarde (Btw)
Company Tax :
Standard corporate income tax rate (CIT): 25%
Reduced corporate tax rate for SMEs: 20% on the first EUR 100,000 of income provided certain conditions are satisfied
Surcharge: 6.75% (for 2022)
Withholding Taxes :
Dividends: 30% (standard rate); Interest: 30%/ 15% on specific government bonds and regulated savings deposits; Royalties: 30% (standard rate). Lower rates are available under double taxation treaties.
Social Security Contributions Paid By Employers :
The employers’ standard social security contributions are equal to 25% of gross salaries (including the base rate of 19.88% and the wage moderation of 5.12%). However, additional general contributions should be calculated (Asbestos Fund, Closure Fund, sector-specific fund for subsistence, etc.), thus the average employers’ contribution for white collar workers generally goes up to 27.5%.
Other Domestic Resources
Service Public Fédéral Finances (FPS)
Doing Business: Belgium, to obtain a summary of taxes and mandatory contributions

Country Comparison For Corporate Taxation

  Belgium OECD United States Germany
Number of Payments of Taxes per Year 11.0 10.1 10.6 9.0
Time Taken For Administrative Formalities (Hours) 136.0 163.6 175.0 218.0
Total Share of Taxes (% of Profit) 55.4 41.6 36.6 48.8

Source: Doing Business - Latest available data.

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Latest Update: November 2022