Ownership (NV/SA vs BVBA/SARL in Belgium)

For NV/SA: Consolidated Ownership. For BVBA/SARL: Consolidated Ownership.

Limited Liability (NV/SA vs BVBA/SARL in Belgium)

For NV/SA: Positive. For BVBA/SARL: See Memo.

Publicly Participates In Capital Market (NV/SA vs BVBA/SARL in Belgium)

For NV/SA: Negative. For BVBA/SARL: Negative.

Legal Representative Not Mandatory (NV/SA vs BVBA/SARL in Belgium)

For NV/SA: Positive. For BVBA/SARL: Positive.

Local Directors Not Mandatory (NV/SA vs BVBA/SARL in Belgium)

For NV/SA: Positive. For BVBA/SARL: Positive.

Local Secretaries Not Mandatory (NV/SA vs BVBA/SARL in Belgium)

For NV/SA: Positive. For BVBA/SARL: Positive.

Capital Injection Not Required (NV/SA vs BVBA/SARL in Belgium)

For NV/SA: Negative. For BVBA/SARL: See Memo.

Minimum Registered Capital Requirement (NV/SA vs BVBA/SARL in Belgium)

For NV/SA: 61,500 euros. For BVBA/SARL: 1. Starting from 18,550 euros..

Legal Entity Comparison

Belgium NV/SA vs BVBA/SARL

NV/SA is a legal entity in the Belgian legal system, its full name is Naamloze Vennootschap/Société Anonyme, meaning anonymous joint-stock company. It is a type of merged ownership company with limited liability for shareholders. NV/SA does not publicly participate in the market, shareholders can be one or more persons, and at least one director is required. Unlike companies in other countries, NV/SA does not need to designate a legal representative, does not require local residents to serve as directors, and also does not need a company secretary. The minimum registered capital is 61,500 euros, no need for capital verification, but it is required that at least two shareholders pay the registered capital.

Updated 2026-03-31

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Belgium

Belgium Legal Entity Comparison

Updated 2026-03-31

Basic Information

NV/SA

BVBA/SARL

Ownership:

Consolidated Ownership

Ownership:

Consolidated Ownership

Limited Liability:

Positive

Limited Liability:

See Memo

Publicly Participates In Capital Market:

Negative

Publicly Participates In Capital Market:

Negative

Shareholder / Director / Secretary Requirements

NV/SA

BVBA/SARL

Requirements For Shareholders:

At least two shareholders are required.

Requirements For Shareholders:

At least one

Requirements For Directors ::

At least one person

Requirements For Directors ::

1. At least one;
2. At least one director must have a high school diploma and a degree certificate.

Legal Representative Not Mandatory:

Positive

Legal Representative Not Mandatory:

Positive

Local Directors Not Mandatory:

Positive

Local Directors Not Mandatory:

Positive

Local Secretaries Not Mandatory:

Positive

Local Secretaries Not Mandatory:

Positive

Registered Capital Requirement

NV/SA

BVBA/SARL

Minimum Registered Capital Requirement:

61,500 euros

Minimum Registered Capital Requirement:

1. Starting from 18,550 euros.

Capital Injection Not Required:

Negative

Capital Injection Not Required:

See Memo

Capital Injection Requirement:

At least 25% must be paid in.

Capital Injection Requirement:

1. If there is only one shareholder, they must pay two-thirds of the subscribed capital; if there are two or more shareholders, they must pay one-third.
2. If you do not want to verify the capital through cash, you can provide a business plan to the Belgian Chamber of Commerce to prove that the company will not go bankrupt in the next three years.

Memo

NV/SA

BVBA/SARL

Memo:

The text "null" remains the same in both Chinese and English.

Memo:

1. If a company goes bankrupt within three years of its establishment, the court can decide to review the business plan to see if it can be found that the founder is responsible for the insufficient startup capital. In certain cases in Belgium, the founder must be held responsible for the debts of the bankrupt Belgian company.