Personalised support for the formation of your Simple Partnership in Belgium.
A light and flexible legal structure for collaborative projects.
The Simple Partnership is a legal form introduced by the Companies and Associations Code (CAC) in 2019. It replaces the former Ordinary Partnership and offers a flexible legal framework for professional collaborations.
Unlike other forms of companies, the Simple Partnership has no legal personality of its own. It constitutes a contract between partners who pool their contributions to carry out one or more specific activities.
This structure is particularly suited to temporary projects, collaborations between self-employed individuals, secondary activities or economic interest groups that do not require a heavy legal structure.
Formation without a notarial deed and reduced administrative formalities.
Quick and inexpensive formation by simple contract between partners.
Great freedom in the organisation and operation of the company.
Ideal for temporary or small-scale collaborative projects.
Discover the many advantages that the Simple Partnership structure offers for your project.
The Simple Partnership is formed by a simple contract between partners, without a notarial deed or publication in the Belgian Official Gazette, which considerably reduces formation costs and timescales.
No minimum capital required, no notary fees for incorporation, and simplified accounting obligations that reduce operating costs.
Great freedom in drafting the articles and organising the company, allowing the structure to be adapted to the specific needs of the partners.
The Simple Partnership is fiscally transparent: profits are directly taxed at the level of the partners according to their personal tax regime.
Ideal structure for formalising a collaboration between self-employed individuals, liberal professions or artists while retaining their individual status.
Perfectly suited to temporary or one-off projects, with the possibility of easily dissolving the structure once the project is completed.
Our service supports you at every step of the formation of your Simple Partnership.
We analyse your project and advise you on the most suitable structure for your needs.
Clarification of the objectives, contributions and responsibilities of each partner.
Our legal experts draft a tailor-made partnership contract that defines the operating rules.
Obtaining the company number from the Crossroads Bank for Enterprises.
Assistance with tax procedures, in particular VAT activation if necessary.
Post-formation support to help you with the first steps of your company.
Here are the documents you will need to provide for the formation of your Simple Partnership.
Of all partners of the company.
Addresses, phone numbers and emails of the partners.
For partners already registered as self-employed or companies.
Nature and value of each partner's contributions (money, assets, services, etc.).
Precise details of the company's purpose and activities.
Decision-making procedures, profit sharing, etc.
Fixed or indefinite duration of the company.
Address where the company's registered office will be established.
Answers to the most frequently asked questions about forming a Simple Partnership.
The main difference is that the Simple Partnership has no legal personality of its own, unlike the SRL. Partners in a Simple Partnership are personally liable for debts, whereas in an SRL, liability is limited to contributions.
No, there is no minimum capital required to form a Simple Partnership. Partners can contribute money, assets or their industry (skills, work) as agreed in the contract.
The Simple Partnership is fiscally transparent: profits are directly taxed at the level of the partners according to their personal tax regime (personal income tax or corporate tax).
Yes, a Simple Partnership can hire staff, but it is the partners who will be considered the employers, with the responsibilities that entails.
Partners are jointly and unlimitedly liable for the company's debts from their personal assets, unless otherwise stipulated in the contract for non-contractual debts.
Dissolution can occur at the expiry date provided in the contract, by unanimous decision of the partners, by the achievement or extinction of its purpose, or by court order. The procedure is generally simple and inexpensive.
Our team of experts supports you through every step of the formation of your Simple Partnership in Belgium.