Should You Start as a Sole Proprietor or a Company in Belgium?

One of the first decisions every entrepreneur faces is choosing the right business structure.

While a sole proprietorship offers simplicity and lower administrative costs, forming a company can provide liability protection and potential tax advantages as your business grows.

The right choice depends on several factors:

• Expected annual revenue
• Business risks
• Number of owners
• Future expansion plans
• Tax efficiency

There is no universal answer.

Before registering your business, it’s worth discussing your plans with an experienced accountant who understands Belgian tax regulations.

NMBA helps entrepreneurs evaluate the best legal and financial structure for their specific situation, ensuring they start on the right foundation.