Belgium - Ease of doing business

New business density (new registrations per 1,000 people ages 15-64)

New business density (new registrations per 1,000 people ages 15-64) in Belgium was 4.67 as of 2020. Its highest value over the past 14 years was 4.67 in 2020, while its lowest value was 2.62 in 2013.

Definition: New businesses registered are the number of new limited liability corporations registered in the calendar year.

Source: World Bank's Entrepreneurship Survey and database (http://www.doingbusiness.org/data/exploretopics/entrepreneurship).

See also:

Year Value
2006 3.14
2007 3.42
2008 3.28
2009 2.87
2010 3.28
2011 3.37
2012 2.72
2013 2.62
2014 2.72
2015 2.82
2016 3.10
2017 3.13
2018 3.71
2019 4.23
2020 4.67

Time to obtain an electrical connection (days)

Definition: The average wait, in days, experienced to obtain an electrical connection from the day an establishment applies for it to the day it receives the service.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2020 76.60

Power outages in firms in a typical month (number)

Definition: Power outages are the average number of power outages that establishments experience in a typical month.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2020 0.200

Firms experiencing electrical outages (% of firms)

Definition: Percent of firms experiencing electrical outages during the previous fiscal year.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2020 26.20

Time required to get electricity (days)

The value for Time required to get electricity (days) in Belgium was 171.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 201.00 in 2017 and a minimum value of 171.00 in 2018.

Definition: Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

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Year Value
2009 201.00
2010 201.00
2011 201.00
2012 201.00
2013 201.00
2014 201.00
2015 201.00
2016 201.00
2017 201.00
2018 171.00
2019 171.00

Firms visited or required meetings with tax officials (% of firms)

Definition: Percent of firms that were visited or required to meet with tax officials.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2020 27.60

Firms that spend on R&D (% of firms)

Definition: Percent of firms that spend on research and development.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2020 28.90

Firms experiencing losses due to theft and vandalism (% of firms)

Definition: Percent of firms experiencing losses due to theft, robbery, vandalism or arson that occurred on the establishment's premises.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2020 20.70

Firms expected to give gifts in meetings with tax officials (% of firms)

Definition: Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question "was a gift or informal payment expected or requested during a meeting with tax officials?"

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2020 0.200

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Belgium was 44.50 as of 2019. Its highest value over the past 14 years was 49.60 in 2012, while its lowest value was 44.50 in 2019.

Definition: Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 49.50
2006 49.40
2007 49.30
2008 49.20
2009 49.00
2010 49.20
2011 49.20
2012 49.60
2013 49.10
2014 49.50
2015 49.40
2016 48.90
2017 46.20
2018 46.20
2019 44.50

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Belgium was 0.600 as of 2019. Its highest value over the past 14 years was 0.700 in 2012, while its lowest value was 0.600 in 2013.

Definition: Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 0.700
2006 0.700
2007 0.700
2008 0.700
2009 0.700
2010 0.700
2011 0.700
2012 0.700
2013 0.600
2014 0.600
2015 0.600
2016 0.600
2017 0.600
2018 0.600
2019 0.600

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Belgium was 10.30 as of 2019. Its highest value over the past 14 years was 10.90 in 2018, while its lowest value was 5.40 in 2009.

Definition: Profit tax is the amount of taxes on profits paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 9.80
2006 9.80
2007 7.90
2008 6.00
2009 5.40
2010 7.40
2011 7.80
2012 7.80
2013 8.30
2014 8.30
2015 8.40
2016 9.10
2017 10.30
2018 10.90
2019 10.30

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment