Statutory financial statements filing deadline has passed: time for action
Belgian companies having a 31 December year-end should have deposited their statutory financial statements with the National Bank of Belgium (“NBB”) by 31 July 2024 at the very latest. Late filing results in a number of negative consequences from a financial, director’s liability and corporate income tax perspective (see below). If your company’s statutory financial
Statutory financial statements filing deadline has passed: time for action
Belgian companies having a 31 December year-end should have deposited their statutory financial statements with the National Bank of Belgium (“NBB”) at the latest by 31 July 2023 at the very latest. Late filing results in a number of negative consequences from a financial, director’s liability and corporate income tax perspective (see below). If your
‘COVID-19’ rent free period: a new tax credit for real estate owners
Several measures were very recently adopted (for some, they existed already and were simply extended) by the Belgian legislator through its Law dd. 2 April 2021 on temporary support measures in the light of the COVID-19 pandemic. Among these measures, an incentive is made available to Belgian taxpayers with respect to real estate (including Belgian
Following the right procedures more important than ever when in financial distress
As the spread of Covid-19 undoubtedly has a huge impact on the economy, a significant number of companies will very likely be confronted with losses, possibly putting the going-concern of their business into question. Besides the necessary disclosure in the annual management report so as to reflect and elaborate on such impact in the “post-closing”
Filing of your statutory financial statements – due date of 31 July 2019 is approaching!
Statutory financial statements As you are probably aware, Belgian companies should deposit their statutory financial statements annually with the National Bank of Belgium. Filing should be done within 30 days after the financial statements have been approved by the Annual General Meeting of Shareholders and certainly not later than 7 months after the end of
VAT annual sales listing for 2018 transactions
Belgium requires all VAT payers to file an annual return with details about all domestic sales made in Belgium during the previous calendar year. This return, commonly referred to as the annual sales listing, includes detailed information about the sales made to VAT registered customers in Belgium. The deadline for filing this return is rapidly
The deadline is approaching for the filing of your Statutory Financial Statements
Belgian companies As you probably are aware, Belgian companies should annually deposit their statutory financial statements with the National Bank of Belgium. Filing should be done within 30 days after the financial accounts have been approved by the Annual General Meeting of Shareholders and no later than 7 months after the end of the financial