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Are you active in the distribution sector, sales concessions, franchising,...? If so, you may be familiar - e.g. as a franchisor - with the obligation to provide a draft agreement and a pre-contractual information document (‘PID’) to the other contracting party (e.g. the franchisee) at least one month before the conclusion of the commercial agreement. In a recent article we already informed you that the information to be mentioned in the PID has thoroughly changed since September 1, 2024. However, soon you will have to update your PID again! This is because the information you must mention in the PID will be further expanded. These new rules will come into force on March 1, 2025.

Are you a franchisor in the food store industry? Or are you running a food store as an independent entrepreneur in the context of a franchise? Then profoundly check your agreement! Because the list with forbidden contractual clauses has been expanded and could have a big impact on your agreement(s).

In the framework of the 15% minimum taxation rules for large international and domestic groups, also known as Pillar II, Belgian group entities were required to file a P2-Notification by July 13, 2024. This deadline is now postponed to September 16, 2024 for Belgian group entities that do not plan to make Pillar II prepayments in 2024.

As a general rule, expenses incurred by a company in the context of its economic activity are deductible for tax purposes. For certain expenses however, Belgian tax legislation allows no deduction or a partial deduction for tax purposes. This table provides an overview of common expenses that are (partially) disallowed for corporate income tax and VAT for financial year 2024 (and related tax year 2025). 

On December 14, 2023, the parliament approved the introduction of the so-called minimum taxation. This is the Belgian implementation of the EU Pillar Two Directive (and aligns to a large extent with the OECD pillar 2 plans). The objective of this minimum taxation is to subject entities that are part of large corporate groups to an effective tax rate of at least 15%. The minimum tax will apply to taxable periods commencing as of December 31, 2023.

The program law of December 27, 2021 mentions a new regime for expatriates coming to Belgium. Under this new legislation, there is a Special Tax Regime for Incoming Taxpayers and a Special Tax Regime for Incoming Researchers. The social security authorities confirmed on February 7, 2022 that they will also grant an exemption for this regime.

When dealing with globally mobile employees, there are numerous questions to be answered from both a compliance as well as risk management perspective.
In our quarterly Global Mobility Newsletters in which our experts shine a spotlight on global mobility issues of interest to those operating internationally.

When dealing with globally mobile employees, there are numerous questions to be answered from both a compliance as well as risk management perspective.
In our quarterly Global Mobility Newsletters in which our experts shine a spotlight on global mobility issues of interest to those operating internationally.