Foreign companies and associations
The following foreign legal entities must file their annual accounts with the National Bank of Belgium.
Foreign companies with a Belgian branch
Foreign companies with a Belgian branch (source: Art 3:20 §1 CCA)
More information: CBN/CNC Opinion 2022/14 – Belgian branches of foreign companies
Foreign associations and foundations with a Belgian branch
Foreign associations and foundations with a branch in Belgium are obliged to file their annual accounts for the last closed financial year with the National Bank of Belgium, in the form in which these annual accounts were drawn up, audited and published pursuant to the law of the country under which the association or foundation falls (source: Arts 3:50 and 3:54 CCA).
The branch of a foreign association or foundation must file its annual accounts with the National Bank of Belgium within thirty days from the approval thereof by its management body, if the branch, on the balance sheet date of the last closed financial year, exceeds more than one of the criteria set out in Article 3:47 §2 or Article 3:51 §2 CCA, respectively (source: Arts 3:47 §7 and 3:51 §7 CCA).
Foreign associations and foundations that do not use the Bank’s standard models of accounts for associations and foundations are requested to:
- use the S-asbl 1.1. (French) or S-vzw 1.1 (Dutch) cover sheet for the filing of a non-standard model of annual accounts for foreign associations and foundations;
- add the mention “Association ou fondation étrangère” (French) or “Buitenlandse vereniging of stichting” (Dutch) to justify derogation from the provisions of the Royal Decree of 29 April 2019.
MORE INFO Questions about which model of accounts to file for a foreign company or association? You can find more information on this page.