Sansen International Tax Lawyers is an approved service provider of the SME PORTFOLIO

Sansen International Tax Lawyers have been an approved service provider of the SME PORTFOLIO under number DV.A232835 since 6 September 2019.

Sansen International Tax Lawyers have been an approved service provider of the SME PORTFOLIO under number DV.A232835 since 6 September 2019.
Thanks to the Flemish government’s SME portfolio, as an entrepreneur you can obtain financial support for the purchase of some of our legal services.
A brief explanation is given below. For more information, go to https://www.vlaio.be/nl/subsidies-financiering/kmo-portefeuille.
 

1. General: Who can use the SME portfolio?

 

  • Your company is an SME (see point 3 for definition) or you exercise a liberal profession.
  • You carry out your activity using the company form or you have a one-person business.
  • Your place of business is in the Flemish Region.
  • Your company or office is in private hands (i.e. less than 25% is in the hands of an administrative authority).
  • The main activity of your company or office is included in the list of recognised activities (see https://www.vlaanderen.be/economie-en-ondernemen/een-eigen-zaak-starten/nace-code).
  • Non-profit associations are not eligible and cannot make use of the SME portfolio.

 

2. Which of the services provided by Sansen International Tax Lawyers are eligible for a subsidy under the SME portfolio?

 

Advice on doing business internationally

Both Belgian and foreign companies are confronted with ever more complexity as regards income tax. We have been helping companies and business people with their tax position in relation to international investments for years.

We provide advice and assistance with tax disputes and advice on tax incentive measures for businesses (including tax incentives for innovation), tax aspects of (Belgian and/or cross-border) company restructuring operations, international corporate tax, advice on double taxation treaties, the tax system applicable to foreign companies in Belgium, international structuring of remuneration for CEOs, employees and self-employed workers, etc.

We cooperate as an independent entity with an extensive worldwide network of advisers whose qualities are comparable to those of our office.

 

Strategic and business advice

We assist businesses and business leaders at pivotal moments in their business development. We have a wealth of experience in innovation tax, such as copyright for software developers, deductions for innovation income, investment deductions when making a new investment, etc. In addition, we advise taxpayers who are on the point of embarking upon a joint venture or whose business is in the start-up phase. In the latter case, this takes the form of a start-up audit to ensure that young companies and growth companies develop their full tax potential.

 

Family business

We assist family businesses and their shareholders. We have supported entrepreneurs throughout the world. Our intervention may involve setting up control structures (holding companies, civil-law partnerships, administrative offices, etc.), guiding investments, appointments with the tax authorities, supervising the transfer of a family business to the next generation, advising on corporate taxation and more.

 

Which services are not eligible?

The aim, naturally, is for the advice to provide an extra boost for your business. So advice on ordinary company expenditure or services required by law is not eligible for subsidies. Advice on subsidies is not eligible, either.
 

3. What support can you receive?

 

The amount of support you can receive depends on the size of your company.

If yours is a small company, then thanks to the SME portfolio you can benefit from an intervention of up to 40% of the fee paid, with a maximum per year of €10,000.

If yours is a medium-sized company, you are entitled to a financial intervention of up to 30%, with a maximum per year of €15,000.

Support can be requested until the personal maximum is reached or until the portfolio’s budget has run out.

Whether your SME is small or medium-sized depends on:

  • the number of employees,
  • the annual turnover,
  • the balance sheet total.

Small enterprises are companies where:

  • the number of employees is < 50 FTE*,
  • the turnover is < or = €10,000,000 OR the balance sheet total is < or = €10,000,000.

Medium-sized companies are companies where:

  • the number of employees is < 250 FTE*,
  • the turnover is < or = €50,000,000 OR the balance sheet total is < or = €43,000,000.

*FTE = full-time equivalent. An FTE is one full-time employee, two part-time employees, etc.

The size of your company is established on the basis of the above criteria. If your company is a legal entity, the VLAIO obtains your data on this from the National Bank of Belgium. The basis taken here is the size of your SME at the time of your first application for support. This remains applicable for the remainder of the calendar year.

Is your company part of a group? Bear this in mind when you apply for a subsidy. The group structure partly determines the size of your company.

 

4. Procedure

 

Before you can apply for a subsidy, you have to register as the authorised representative of your company on:

https://www.vlaio.be/nl/subsidies-financiering/kmo-portefeuille/subsidies-aanvragen-en-ontvangen.

You can do this using your federal token or your e-id (electronic identity card). A federal token is a card (the size of a bank card) containing codes that make it possible to identify you, which you can apply for via the federal government. You need a card reader to use the electronic identity card.

Next, you have to register your company.

You can only submit your subsidy application once you have concluded an agreement on advice with your service provider. Each subsidy application must be submitted at the latest 14 days after the service provision start date.

For more information and/or assistance when applying for a registration or a subsidy, please contact SITL (Isobel Miller).