Do I need to pay taxes if I work abroad?
As an employee, the answer will depend where your employer is located and where you have performed your professional activities physically. If you are on the payroll outside Belgium and physically perform your activities in that specific country, Belgium will in principle need to exempt this income subject to progression. All other workdays will become taxable in Belgium. Be prepared and safe proof of your physical activities outside Belgium!
What are the advantages of setting up a company?
Through a (management) company we are able to set up our own salary package depending on the needs of the director. The company itself only pays 20% corporate tax on the first 100.000 EUR profits and has the possibility to distribute the profits as dividends at a rate of 15% under certain conditions. If we maximize profits and set our gross salary to a minimum, the net salary will increase significantly. We would be pleased to provide you with comparable tax simulations!
How can I benefit from the special tax regime for foreign executives?
If you are assigned to Belgium or recruited outside Belgium, you may benefit from the special tax regime in Belgium either as incoming taxpayer or either as incoming researcher. The tax benefits are exactly the same for both groups but an incoming researcher does not need to have a minimum yearly gross base salary of EUR 75.000 like an incoming taxpayer. Both may not have been taxed as a resident or non-resident in the 60 months period before employment. Once granted, part of the salary on top of the base salary is considered to be non-taxable!
