Guide to management companies
The number of management companies has rocketed in recent years. The relatively favourable (para)taxation and the low threshold for incorporation of a limited liability company have a lot to do with this. In practice, however, there may be numerous other reasons for setting up a management company.
The management of a company may be organised by another company: the management company. This company receives payment for the services it provides: a ‘management fee’ or a ‘director's fee’.
For the creation of a management company to be worthwhile, for example, your income needs to reach a certain level. Since you are self-employed in a management company, you will obviously have to take account of all the implications of the self-employed status.
In this guide by KBC, the bank's experts highlight all the aspects involved in running your management company.
Here are some of the subjects covered:
- How can you make money with your management company?
- Should you buy a family home or second residence, preferably with your management company or privately?
- How can I build up a pension with a management company?
- Do you have to pay VAT on management fees, directors‘ fees and percentages paid to a management company?
- Are you required to pay a salary within your company?
- What are the fiscal consequences of liquidating your management company?
Need expertise for your management company? Request the full guide (available in French or Dutch) and take the leap.