There are several tax incentives available for companies that wish to invest in Wallonia. On your next trip to Belgium, our project managers can put you in contact with the team of tax administration experts so you can benefit from the measures set out below. These experts obviously work in complete confidence.

Tax incentives in Wallonia


  • 25%
  • 20% on the 1st bracket of € 100.000 of net taxable profit / for qualifying SME's (under conditions)


  • Largely depending on factual circumstances (tax deductions)


Ruling or advance ruling that creates legal certainty with regard to taxation

  • The investor describes the facts and enables the tax administration to determine, in advance and on a case-by-case basis, how the tax regulations will be applied
  • Forecasts all the tax implications of an investment project
  • Legally binding for all tax authorities


  • Valid for all taxes (corporation, VAT, personal income, etc.)
  • Ruling on a case-by-case basis
  • Tax certainty for the investor + binding for 5 years
  • Renewable
  • Open to existing and potential investors


  • Deduction for innovation income: income generated by a patent benefits from a favourable tax regime. A deduction of 85% is applicable to the relevant income, which brings the effective tax rate to 3.75%
  • Deduction for R&D investments
  • Exemption from the withholding tax on professional income for researchers
    • Exemption of 80% from the withholding tax on professional income on researchers' salaries
    • For researchers with a specific degree (doctor, engineer, masters, bachelors, etc.)

 This is a real measure to reduce the salary cost for employees assigned to R&D. This makes Belgium particularly competitive for R&D centres.


  • Replaces the notional interest deduction
  • Calculation basis = "incremental capital". Deduction limited to additional equity over a 5-year average
  • Deduction rate calculated annually (for example, for the 2019 tax year: 0.746% for large organisations and 1.246% for SMEs)


  • Exemption for dividends received: 100% deduction
  • Deductibility of interest paid to acquire shares
  • Exemption from capital gains on shares if the holding period is at least 12 months




Employees, company directors and researchers, who perform a remunarated activity in Belgium

  • Hired directly from abroad by a Belgian company, a Belgian establishment of a foreign company, or a non-profit organization
  • Assigned by a foreign company, part of a multinational group, to one or more Belgian companies, one or more Belgian establishments of foreign company which belong to the same multinational group, or a non-profit organization

Conditions for employees/researchers

  • No nationality requierement (for foreign or Belgian "nationals")
  • No degree requirement for employees and managers, Degree requirement for researchers : doctor/master OR 10 years of relevant experience + mainly (80%) performing research activities
  • 60-month period prior to the start of the entering into service :
    - must not have lived within a distance of less than 150km from the Belgian border;
    - must not have been a resident or non-resident taxpayer in Belgium
  • Minimum salary requirement of € 75.000 per calendar year (except for researchers)

Benefits for employees/researchers

  • Tax free expatriate allowance = "Costs Proper to the Employer (CPE)"
    - up to 30% of the gross salary, capped at € 90.000
    - paid ON TOP OF the salary
  • Tax free of one-off reimbursements by the employer of school fees, moving and relocation costs
    - on top of the 30% tax free CPE
    - if reasonable and justified (documentatoin requirement)

Benefits for employer

On expatriate allowance and reimbursements of expenses :

  • No tax
  • No social security contributions
  • Deductible from the Corporate Tax base


  • 5 years, potential extension with 3 years
Expatriate status

Your contact for more information

Catherine SZABO

Regulations & Incentives Manager

T +32 (0)81 33 28 66

Margaux BALUWÉ

Regulations & Incentives Manager

T +3281332876

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