What are the types of companies in Belgium?

There are various types of companies in Belgium. Here are some common types of companies:

1. Individual Company (EURL): A company owned by one person and operated with limited liability. Capital requirements are low.

2. Limited Liability Partnership (BVBA/SPRL): The most common type of company and offers limited liability. It requires at least one partner and capital requirements are higher.

3. Joint Stock Company (NV/SA): A company that can be a public or private company and provides capital through shares. Requires at least two partners.

4. Limited Partnership (Comm.V/SCS): It is a company that requires at least one general partner and one general partner. The limited partner has limited liability, while the general partner has full liability.

5. Cooperative Company (CVBA/SCRL): It is a company that can be established by those who do not have a residence document. Partners work together to contribute to the company's goals.

6. General Partnership (VOF/SNC): It is a company established between at least two partners and is generally preferred for small businesses. Partners have full responsibility. This is just a summary of some company types, there are many more types of companies in Belgium. When choosing your company type, it is important to consider factors such as the size of your business, capital requirements and level of liability. It may also be helpful to seek help from a professional counselor.



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