Apart from the best quality of chocolates and beers, Belgium has a thriving economy, excellent infrastructure, and a welcoming attitude toward foreign investments. Although these things might not be the prior thing that comes to your mind before moving to Belgium, nevertheless, when you are an ex-pat it is undoubtedly important to know exactly where you stand when it’s about paying taxes. Our federal government has recently implemented a few revised taxes for Expats in Belgium. This updated legislation’s primary aim remains the same i.e. to establish Belgium as a competitive and safe environment for business industries and foreign ex-pats. Thus, whether you are aiming to establish a new organization in Belgium or thinking about expanding your current business on an international level, this new Expat Tax regime policy is an absolute tip for you. The new tax rules aim to:
Allow organizations to hire global talent to Belgium at convenient prices and sustainable costs.
Diminish the extensively high tax rates of individuals
Reduce uncapped social security endowments
Thus, for maximum tax optimization whether you are an ex-pat industrialist or an employee, Belgium expat tax guide can help you to understand the new expat tax regimes in Belgium.