Pillar Two In Belgium: Registration Requires Immediate Action!

Groups with Belgian entities that are in scope of the Pillar Two rules must register at the Crossroads Bank for Enterprises (CBE). A Royal Decree was published in the Belgian Official Gazette on 29 May 2024 with further information on this registration requirement.

Groups that currently already fall into the scope of the Pillar Two rules must file the notification form by 13 July 2024 at the latest. Other groups must file the form within 30 days after the start of the Fiscal Year for which a group enters into the scope of the Pillar Two rules.

Immediate action is thus required since the deadlines are short, the information to be provided is substantial, part of the information may require a more in-debt Pillar Two scoping analysis to be made and the administrative process might be time-consuming.