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ARTICLE · 16 FEBRUARY 1995

Forms of Market Entry in Belgium

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BelgiumEmployment and HR
The Belgian Government pursues an active policy of encouraging foreign investment by means of incentives. In recent years, however, many national aid schemes have been abolished or amended due to stricter enforcement of the EC rules prohibiting state aid in many instances. Today, the majority of public incentives that comply with EC law are granted by the regional Governments rather than central Government. Public incentives are granted by a number of different institutions: primarily the regional Governments for Brussels, Flanders and Wallonia; in addition, central Government and various public institutions and funds, as well as local authorities.

Specific investment projects in Belgium (research and development, employment and training) may also benefit from aid provided by the European Communities. Investment incentives can be classified as either direct assistance, given in the form of interest subsidies, capital grants or investment grants, or tax advantages (investment

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