Which company is eligible for Tax Shelter?
Under the Belgian Tax Shelter program for startups, investors who pay income tax in Belgium can benefit from a tax reduction of 25-30-45% (see below) of their investment in the equity of the companies (or in the participating notes linked to this equity investment) as long as they maintain their investment for the next 4 years.
A start-up qualifying as micro-company (45%) is a company that:
• Has been incorporated less than 4 years ago
• Does not exceed 2 of the following criteria:
- Total balance sheet: €350,000
- Employees: 10
- Turnover: €700,000
A start-up qualifying as small company (30%) is a company that:
• Has been incorporated less than 4 years ago
• Does not exceed 2 of the following criteria:
- Total balance sheet: €4,500,000
- Employees: 50
- Turnover: €9,000,000
A scale-up qualifying as small company (25%) is a company that:
• Has been incorporated more than 5 years and less than 10 years ago
• Has an average growth of its revenues or number of (full-time equivalent) employees of at least 10% over the last two years
• Has at least 10 full-time equivalent employees
• Does not exceed 2 of the following criteria:
- Total balance sheet: €4,500,000
- Employees: Minimum 10
- Turnover: €9,000,000