Establishing a Sole Proprietorship

Formalities for Setting Up a Sole Proprietorship

Want to start your own business? Setting up a sole proprietorship is a good choice. However, before you can get started, there are a few important formalities to consider. You need to register with the Crossroads Bank for Enterprises (KBO) and often apply for a VAT number. Depending on your activities, additional certificates or permits may also be required.

Advantages and Disadvantages of Setting Up a Sole Proprietorship

A sole proprietorship has several advantages, such as full control over your business and a straightforward tax return process. However, there are also disadvantages like personal liability and limited growth opportunities. It’s important to weigh these pros and cons carefully before making a decision.

Why Choose Our Service?

With our professional sole proprietorship setup service, we handle all concerns for you. We ensure that all formalities are smoothly and correctly managed, so you can focus on building your business.

Frequently Asked Questions

How long does it take to establish a sole proprietorship?

The time required to set up a sole proprietorship varies, but it generally takes a few business days.

What are the costs for setting up a sole proprietorship?

The costs depend on various factors. Contact us for a personalized quote.

Can I later convert my sole proprietorship to a BV?

Yes, it’s possible to convert your sole proprietorship to a BV later. We can provide advice and guidance through this process.

Start Your Own Sole Proprietorship Today!

Want to start your own business? Let us help you set up your sole proprietorship. Contact us now for a no-obligation consultation.