VVPR BIS – withholding tax: reduced rate
Private limited liability company (BVBA/SPRL) that have already been converted to private limited companies without capital (BV/SRL) and thus waived the obligation of paying up the capital, must provide the initial amounts subscribed in order to be granted the reduced withholding tax regime (VVPR bis). This applies to companies that haven’t adapted their status yet, as well.
It is worth checking your company’s situation, for you may have to schedule another visit to the notary.
Besides all companies must have converted their by-laws according to the new regulation by 31st December 2023, at the latest.