Expertise

Advisor to management companies

A management company gives self-employed professionals the freedom to organise their assignments, income and future in a way that suits them. However, it is not a one-size-fits-all solution and definitely not a mere tax matter. Our experts view your company as a business tailored to your needs: we take care of your accounting and tax returns, but above all we help you think through the decisions that will shape your business in a few years' time.

What is a management company?

The term ‘management company’ is often used broadly. In practice, it usually refers to a company through which a self-employed professional provides services to one or more clients. In addition to management services, this includes consultancy, IT services, technical expertise, project management, interim management or other specialised services.

It is important to note that there is no such thing as ‘the’ management company. The right approach depends on your activities, income, expenses, clients, risks, personal needs and future plans. That is why we never start from a standard template. We start by getting to know you, your approach and your goals.

Why opt for a management company?

Tax considerations are often a factor but it is far from the only reason for setting up your own company. For many self-employed professionals, a management company is just as much about freedom, control, continuity and future planning.

A management company can be an interesting option to:

  • organise your self-employed activity in a professional way;

  • plan your income more effectively, even when assignments fluctuate;

  • build reserves within your company;

  • invest in your activity or assets in a targeted way;

  • correctly organise professional expenses, reimbursements and benefits;

  • build your social protection and supplementary insurance in a considered way;

  • firmly anchor contractual agreements with clients;

  • prepare your pension, assets or future transfer in good time.

Whether a management company is also the right choice for you depends on the full picture. That is why good advice is essential.

Speak to an advisor

More than accounting:

Your management company requires strategic advice

Accurate bookkeeping is the foundation. Your tax returns must be accurate, your numbers must be reliable and your administration up to date. But for a management company those are just the basics.

The real added value lies in the questions you ask based on those numbers.

How much salary do you pay yourself? Which resources are best kept within your company? When are dividends a good option? Which investments align with your plans? Which insurance policies do you need? How do you avoid unpleasant surprises in your contracts? And how do you ensure that your company still aligns with your ambitions five or ten years from now?

Our experts don’t dispense advice on autopilot. Instead, we look ahead, translate scenarios into concrete options and help you make choices that fit both your professional and personal situation.

Our guidance for management companies

Incorporation and structure

Are you considering setting up a management company? If so, we first assess whether this makes sense for you. We take into account your expected income, costs, type of assignments, liability risks, administrative obligations and personal needs.

If a company is the right step, we support you through the incorporation process and ensure your structure is sound from the outset.

Salary, dividends and cash flow

One of the key questions within a management company is how to organise your income. You can pay yourself a salary, keep funds within the company, distribute dividends later or invest through your company.

The most appropriate combination depends on your lifestyle, social protection, cash flow, tax position and future plans. We are happy to help you find the right balance, not just today but also with the future in mind.

Tax with a sense of reality

A management company can be tax efficient but taxation should never be the only reason for choosing this structure. The right approach should also be legally, economically and practically sound.

Among others, we review your professional expenses, benefits, reimbursements, advance payments, dividend strategy, reserves and investments taking into account current tax rules as well as potential changes that could affect your planning.

Our guiding principle: optimise where possible, but always in a correct, well-founded and future-oriented way.

Contracts, general terms and risks

A management company can help you organise your activities in a professional way but it doesn’t automatically protect you from all risks. That is why we look beyond your accounting.

Are your contracts with clients transparent enough? Are your responsibilities properly defined? Do you need general terms and conditions? What liabilities are you taking on? And which insurance policies are relevant for your activity?

Together with our legal experts, we assess how to make your collaboration with clients or principals stronger and more secure.

Investments and additional protection

Many self-employed professionals use their management company not only to receive income, but also to continue building their future.

Think of investments in equipment, training, software, mobility, supplementary pension, insurance or other assets. The question of whether certain resources are better kept within the company or taken privately also deserves attention.

Together we map out your financial and tax impact so you can make informed choices.

Wealth and future planning

Your management company evolves alongside your life. What is a good structure today should still be the right choice when your income increases, your assignments change, you want to invest, transfer your assets or eventually stop working.

That is why we look ahead together. How to build up reserves? How to extract funds from your company? How to prepare a transfer or sale? And how does your company fit within your personal wealth planning?

We not only look at your next tax return but also consider your next stage in life.

Our approach

  • 1. We map out your situation

    We start with your activity, income, costs, principals, personal needs and ambitions. This gives us a clear view of what your management company needs to do today and what your ambitions are.

  • 2. We turn scenarios into concrete options

    We translate your numbers into clear choices. What does a certain salary mean? How much cash remains in your company? What is the impact of dividends? Which investments are feasible? Which risks need to be covered?

  • 3. We provide proactive guidance

    Your company evolves and that is why we regularly assess whether your approach is still a good fit. When new plans arise, tax rules change or important decisions need to be made, we proactively think with you.

Interested?

Our experts will be happy to help you. Don’t hesitate to raise any questions you may have about your management company.

Frequently asked questions about management companies

  • Is a management company still an interesting option these days?

    Yes, but not automatically and not for everyone. A management company can be a good idea for self-employed professionals who want to structure their activities in a professional way, generate sufficient income, manage risks or plan for the future.

    Whether it’s worthwhile for you depends on your income, costs, assignments, personal needs and ambitions. That is why an individual analysis is crucial.

  • Is a management company mainly tax efficient?

    Taxation often comes into it but shouldn’t be the only motivation. Freedom, income planning, risk management, investments, additional protection and wealth planning are at least as important.

    A good management company is not a tax gimmick but a professional structure that fits your approach and ambitions.

  • When is the best time to set up a management company?

    Among other things that depends on your income, costs, liability risks, type of assignments and future plans. For some self-employed professionals, a company is an interesting option from the outset. For others, it makes more sense to start as a sole trader and make the switch later.

    We help you make a well-considered choice.

  • How much salary should I pay myself?

    There is no standard answer. Your salary depends on your personal needs, social protection, tax situation, cash flow and plans for your company.

    Together we determine which combination of salary, benefits, dividends, reserves and investments is the best fit for your situation.

  • Can I leave cash in my management company?

    Yes, you can. For many self-employed professionals, this is even one of the reasons for setting up a company. You can build up funds, invest or plan how to withdraw them from your company at a later stage.

    The important thing is not to leave this to chance. Solid planning helps you make conscious decisions regarding reserves, distributions, investments and asset accumulation.

  • Does a management company protect me from liability?

    A company can help structure certain risks more effectively but it doesn’t automatically protect you from all risks. Directors’ liability, professional liability, contractual obligations and insurance must be assessed separately.

    That is why we combine, among other things, accounting, tax and legal advice.

  • What is false self-employment?

    Think of freedom in how you organise your work, clear contractual agreements, your own responsibility and the absence of a hierarchical relationship as is the case with employees.

    If these conditions are not met, there is a risk that the inspection authorities may classify the collaboration as false self-employment, and therefore as a (hidden) employment contract.

    Our experts help you structure your collaboration with clients in a correct and professional way, and are happy to point out what is and isn’t possible.

Learn more about our services

We love to help you.

Contact us