The Belgian Public Limited Company
The NV company
is the Belgian equivalent of the public limited company
and the abbreviation comes from the Dutch name (naamloze vennootschap
). This is a type of company that is mainly preferred by large companies because of the larger incorporation costs. This type of legal entity
must have at least two shareholders.
If you want to open a Belgian company
and the NV
is your chosen type, our attorneys in Belgium
can help you with all of the incorporation procedures.
Key characteristics of the NV
Like in the case of the BVBA company
, the liability of the shareholders who are willing to invest in a NV
is limited to the value of the contribution. The share capital
for a public limited company in Belgium is higher than for other companies. An amount of at least 61,500 € must be fully deposited when the incorporation process starts. When the contributions are made in cash, a bank account
must be opened for the company. The contributions for a NV company
can also be made in kind.
The founding members will need to draw up the article of association: the official documents of the company that need to be drawn up before a notary in Belgium
The specialists at our Belgian law firm
can also help you with the requirements for companies that want to engage in commercial activities. We can help you make the necessary registrations and obtain the VAT number
Requirements for a Belgian NV
The company founders need to be at least two. Married couples in Belgium
can open a NV company
if their attributions within the company do not conflict with the matrimonial regime. The board of directors for such a company can be limited to two members, if the company is founded by only two shareholders. In all other cases, the number of company directors must be three.
A public limited company in Belgium
will have to comply with various requirements regarding accounting and auditing. Larger companies that want to expand their business and hire employees will need to observe the Belgian employment law