with No Comments

Worth noting

Foreign companies that have to appoint a fiscal representative in Belgium are obliged to deposit a bank guarantee with the Belgian Treasury to cover any VAT debts. This article describes how to determine the amount of this bank guarantee.

Reducing your guarantee to the bare minimum? it is possible

Although these changes in the way guarantees are calculated may seem negative at first glance, many B2B companies will be able to benefit from them, with a nice cash flow boost in the end.

So it is not necessarily all bad news in Belgium. You just have to know how to calculate.