Belgium

Belgium

Incentives for the production of "high-technological" products

01 Jan 2016

Starting from 1 January 2016 payroll tax exemption is extended to employees employed in the production of high-tech products. The same reform also introduces a new enhanced investment deduction for those companies that invests in new assets in Belgium for the production of high-tech products. This incentive is available for any sector. The legal definition of "high-technological products" is the same for the two set of norms.