| Legal form | Liability of legal form | Taxes |
|---|
Sole trader
One owner | - No legal form
- Owner is liable
| |
General partnership (VOF)
One business with two or more people (partners) | - No legal form
- Each partner is liable for obligations
| - Income tax on each person´s share of the profit
- Turnover tax
|
Limited parnership (CV)
Two sorts of partner:
- Active partners (active in the business)
- Silent partners (only contribute funds)
| - No legal form
- Active partners are liable for obligations
- Sielnt partners are liable for the amount they invested
| - Income tax
- Active partners: on their share of the profits
- Silent oartners: on remuneration received
- Turnover tax
|
Partnership
Entrepeneurs working together to exercise a liberal profession | - No legal form
- Each partner is liable for the obligations of the partnership but not for the individual obligations of the partners
| - Income tax on each person's share of the profit
- Turnover tax
|
Privatie limited liability company (BV)
Capitsl EURO 18,000 on establishment | - Legal form
- The BV is liable for obligations of the business
| - Wealth tax on the capitasl
- Corporation tac on the profit
- Turnover tax
|
Association or foundation
An association or foundation runs a business | - Legal form
- The association or foundation is liable for obligations
| - Corporation tax on the profit
- Turnover tax
|
