Who is it for?
Private Limited Company (BV): the most popular company form in Belgium
Looking for a flexible and safe way to start a business? Then a private limited company (BV) is right for you. This legal form is currently the standard option for many entrepreneurs, from start-ups to growing SMEs.
What is a private limited liability company (BV)?
A private limited company or BV is a legal entity, which means your business is legally separate from you as its founder. You are not personally liable for the company’s debts, unless there is gross negligence. As an entrepreneur, this provides you with additional protection and peace of mind.
A private limited liability company can be set up alone or with others. There is no minimum capital requirement, but you do need to start with sufficient initial capital – meaning enough resources to realistically launch your planned activities.
Why opt for a private limited company?
The private limited company combines flexibility with protection. You get to decide how profits are distributed, how decisions are made and how the company’s structure is organised.
Benefits of a private limited company:
- Limited liability: your personal assets are protected
- No minimum capital required
- Full freedom in the articles of association (decisions, profit distribution, transfer of shares, etc.)
- Suitable for both one-person businesses and larger company structures
- Tax optimisation possible through salary, dividends and remuneration
Who benefits from a private limited company?
A private limited company is an excellent choice for a variety of entrepreneurs:
- Sole traders and consultants looking to limit their risk
- SMEs with one or more founders
- Growing businesses looking to attract investors
- Entrepreneurs with a long-term vision
PIA Group is happy to be your guide.
Starting or running a private limited company involves making decisions about articles of association, shareholders, remuneration, tax and much more. Our PIA accountants and advisory experts will be happy to guide you step by step. This way, you’re assured of a well-thought-out structure geared to your ambitions.
Interested?
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