Addressing to dozens of people interested in entrepreneurship and establishing a company, Hüseyin Aslan, the founder and CEO of the Aslan Consulting BVBA, talked on primary requirements for starting a business from scratch. According to Aslan, the stage of planning and preparation before setting up a company is crucial. This stage includes research in the chosen sector, coming up with a company name that promises success, determining the target audience, conducting a feasibility study, opening a bank account for the company and having a startup capital. Once all of these are achieved, there comes the stages of notary, trade register and activating the VAT number. While talking on general principles for setting up a new business, Aslan also underscored the procedures in Belgium in specific and how these procedures differ for the non-EU citizens. The CEO also mentioned the concept of “fake tradesman.” In order to avoid the high social security contributions paid for laborers, employers have their laborers registered as “managers.” This is called fake tradesman and it stemmed from the high labor cost in Belgium, Aslan noted. Another interesting point he made was that Belgium in fact welcomes investments from abroad and yet the long and complicated visa procedures the country requires is a huge obstacle before these investments and, therefore, it needs to be solved immediately.
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