The requirement to hold a 'Basic knowledge of business management' certificate has been abolished

The requirement to hold a 'Basic knowledge of business management' certificate has been abolished

Bewijs van kennis van bedrijfsbeheer is afgeschaft

The Flemish government has decided that, as from 1 September 2018, you no longer need a 'Basic knowledge of business management' certificate.There are three reasons why the certificate has been abolished:

  • The previous system no longer provided a valuable distinction as a certificate was given to anyone with a higher education diploma
  • The focus was mainly on theoretical rather than practical knowledge
  • The certificate was only applicable in Belgium  

Can anyone start a business now?
New businesses no longer have to present a certificate. However, the financial plan is more important as a result, which means that projected balance sheets and profit-and-loss accounts must now be provided. This currently applies only to private limited liability companies, but it is likely that this will eventually also be necessary for other types of companies and sole traders.

 

What grants and support measures are available for starter businesses?

Did you know you that various grants and support measures from the government are available to you?

What grants and support measures are available for starter businesses?

How much can I borrow and do I need to have my own starting capital?

How much you can borrow depends on how much of your own funds you can invest, but above all on how much you can repay.

How much can I borrow and do I need to have my own starting capital?

Proof of professional knowledge in the construction industry.

For specific professions in the construction sector, you must submit proof of professional knowledge. You can prove your professional knowledge through certificates and diplomas or through practical experience.

Proof of professional knowledge in the construction industry.

Can my parents lend me money to put into my business?

Are you going to start your own business? Then you could use some financial help. For example, from your parents. But is that allowed?

Can my parents lend me money to put into my business?