Business Startup Information, Small Business Tips And Resources For Business Owners

e-depot : start up a business in 3 days

The procedure to start up a business has been drastically reformed since 1 June 2006. It is now possible to start up a business in only 3 days. The notary can electronically exchange the data necessary to create a business through an electronic counter or ‘e-depot’. This means that the notary will electronically sign the authentic act. The file is then sent to the different databases of the registry, the Crossroads Bank for Enterprises and the Belgian Official Gazette. The notary receives the client’s company number in a matter of minutes. From now on, the starter only needs to take three steps in three days: 1. Bank: The starter deposits the minimum capital. This takes maximum 1 day. 2. Notary: The starter goes to the notary. The notary submits the authentic act electronically and receives the company number. This takes only 1 day. 3. Business one-stop shop: the starter can go immediately to one of the business one-stop-shops and activates the unique company number. This also takes maximum 1 day. The starter can go and do business. Belgium is now the fastest country in Europe to start up a new company.

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