The Belgian market offers many business opportunities for foreign companies. Entering the Belgian market simultaneously means new export and growth opportunities. A successful market entry requires good preparation and legal advice. Especially in Belgium, there are legal and fiscal peculiarities that foreign companies should be aware of and make use of.
In order to realise your export project in the best possible way, we offer you on this page an overview of how to proceed when entering the Belgian market. We are your first point of contact for all legal and tax issues that foreign companies face when entering the Belgian market.
Business opportunities for foreign companies in Belgium
There are several reasons why Belgium is interesting for foreign market development. Belgium has a robust economy with high purchasing power and a wealthy population. In addition, Belgian workers are among the most productive and best educated in the world. Due to its small size, Belgium has an accessible market that is very open to foreign trade. Also, the recent adaptation and flexibilisation of Belgian company law makes it more attractive for foreign companies to invest in Belgium.
In addition, Belgium has a favourable strategic location in the heart of the European Union and Brussels, the capital of Europe, hosts almost all European institutions. Therefore, for many foreign companies, a presence in Brussels has become strategically essential. Not least thanks to its central location in Europe, Belgium is also the logistical hub of Europe with a modern infrastructure. This means that Belgium can also serve as a gateway to the neighbouring markets of France, Luxembourg, Germany and the Netherlands.
Belgium also has excellent research & development facilities with interesting incentives such as subsidies and tax incentives, as well as some strong economic sectors such as the transport sector and the (bio)chemical, medical and pharmaceutical industries.
The Belgian economy offers foreign suppliers many opportunities, because the most important economic driver in Belgium remains the exchange of goods and services with foreign countries. This opens up good business prospects for foreign suppliers.
Belgium has a high import demand for many products. Exports are concentrated in certain sectors, especially chemical products. For foreign manufacturers, there are a wide variety of sales opportunities in Belgium, especially in the construction sector as well as in the areas of mechanical engineering, medical technology, life sciences, environmental technology and food. Specialised medium-sized companies with sector expertise enjoy a good reputation and are in demand, whether as subcontractors, suppliers or as cooperation partners of Belgian companies.
It is therefore clear: Belgium offers interesting market potential for foreign companies.