WALLIS KENNEDY Belgium an opportunity for investment or not ?

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Presentation transcript:

WALLIS KENNEDY Belgium an opportunity for investment or not ?

Table of contents Currency Geographic situation Natural resources Education Tax Employment laws Participation in international agreements

Currency Euro o Used in the Eurozone o Easy to buy and sell to neighboring countries (no transaction costs) o 5, 10, 20, 50, 100, 200, 500 notes  variety 1€ = 1,27082$ 1€ = 0,788017£ 1€ = INR

Geographic situation Center of the European Union o Bordered by France, the Grand Duchy of Luxemburg, Germany, the Netherlands and the United Kingdom is across the north sea

Natural resources Fish Wood Sugar Vegetables Fruits Grain Tobacco Beef Veal Pork

Education Compulsory from ages 6 to 18 Ranked 19 th best in the world Most people multilingual (french, dutch, german, english) Good at problem solving Flexible Innovated

Tax Any profit-making organization is obliged to pay tax Annual incomeRate <8 350 €25% 8 350,01 € €30% ,01 € €40% € €45% >36 300,01 €50%

Employment laws There must be a contract and if any changes are made then both parties have to agree Not more than 8 hours a day or 38 a week Night work is forbidden between 8 PM and 6 AM (exceptions possible) Minimum wage is € a month

Participation in international agreements European Union United Nations

Sources advantages-and-disadvantages-of-a-single- currency.html advantages-and-disadvantages-of-a-single- currency.html ncome-taxes-abroad/belgium/index_en.htm ncome-taxes-abroad/belgium/index_en.htm lation/ lation/ m/reasons_to_invest/quality_of_the_workforce/ m/reasons_to_invest/quality_of_the_workforce/

Sources 013/july/ed_0613_threads/wood_--__w_760_.jpg 013/july/ed_0613_threads/wood_--__w_760_.jpg p1_europanim.gif p1_europanim.gif content/uploads/2014/02/Fish-To-Eat.jpg content/uploads/2014/02/Fish-To-Eat.jpg content/uploads/2013/04/Depositphotos_ _XL.jpg content/uploads/2013/04/Depositphotos_ _XL.jpg dsc_0041.jpg dsc_0041.jpg

Sources content/uploads/2013/07/Euro.jpg content/uploads/2013/07/Euro.jpg