Belgium, officially the Kingdom of Belgium, is a federal monarchy in Western Europe. Belgium has a population of about 11 million people and covers an area of 30,528 square kilometres. Brussel, the capital city, houses the European Union’s headquarters as well as the headquarters of several major international organisations.
Belgium’s two largest regions are the Dutch-speaking region of Flanders in the north and the French-speaking southern region of Wallonia, there is also a small group of German-speakers and Flemish are also officially recognized.
Steel production is the single most important sector of industry. However, Belgium must import all its iron ore, which comes principally from Brazil, West Africa, and Venezuela.
CXC Global’s local expertise and knowledge of Belgium, allows us to work closely with our clients, assist with Local Tax and Social Security Registration, VAT Registration, including a preparation of a personal income tax return at the end of the tax year.
Contracting in Belgium is not a simple task. The taxation system in Belgium can be seen as one of a controversial topic. Belgium is recognised for being a country with some of the highest taxes in the world. They has entered into Double Taxation Treaties with most other countries .
For contract workers, working in Belgium, it would be wise to consult with CXC Global on the best way to structure, and how best to manage your tax status.