Compandben Payroll Partner
Payroll Services Provider Belgium
No employer social charges for the 1st employee for a new company.
To encourage employment and reduce employer costs, a reduction in Employer social charges is being introduced in Belgium. Belgian employer social charges are normally 30-35% of gross remuneration. For a first new hire for a new company from 1 January 2016 to 31 December 2020 there is full exemption from employer's social security contributions and there is then a significant reduction for further employees.
This concession applies during the entire period of employment, so goes on beyond 2020. This is a major concession and I understand that it applies even for firms that are only registered as Employers in Belgium.
Director Compandben SA