As well as measures at other levels of government, there are also a number of important tax incentives in Belgium that benefit research and development (R&D). They include partial exemption from withholding tax for researchers and a special tax system for foreign managers who work temporarily in Belgium.
Other fiscal measures are notional interest deductions and a higher tax deduction or tax credit for assets assumed to promote research and the development of new products and advanced technology.
Recently, a very beneficial deduction has been introduced for the proceeds from intellectual property rights such as patents.
Learn more about Tax incentives for R&D.
