The reform of government support to businesses (economic expansion legislation) is well under way. Parliament is about to vote on the ordinance and, as part of that, the first implementing decree on general investment subsidies.
Although the reform will bring several positive innovations for businesses in the capital, there is also a downside: as of 1 July 2018, fewer subsidies than before will be available for the acquisition of land and buildings. The order of magnitude will be a third as much if the company invests in or outside the development zone and half as much if it invests in the Zone for Economic Urban Stimulation (ZEUS)! It’s not too late if you’re planning a business project in Brussels, but you do need to act right away!
If you still want to take advantage of the currently available level of subsidy and your notarial deed will be signed before 31 December 2018, you absolutely have to submit your subsidy application before 1July 2018.