In principle, all #npos with a registered office in Belgium are subject to the annual tax.
In some cases, your NPO will be exempted from the tax or the filing of a triennial declaration will be sufficient.
1. Assets of maximum 25,000 euros: no tax is due
If the ASBL's assets are less than or equal to 25,000 euros, it is not subject to tax. It will not pay any tax.
Please note: you are still required to report that the assets do not exceed 25,000 euros.
If you have received an invitation to file a declaration, then you can fill in the strip at the bottom of the letter and send it to the Legal Security office.
If you have not received an invitation to file a declaration, please contact the competent Legal Security Office directly (This hyperlink opens a new window).
2. Assets exceeding 25,000 euros: filing a triennial or annual declaration
If the assets of the ASBL are higher than 25.000 euros but the tax is lower than 500 euros, you can file a declaration for the next three years.
Please note that if the assets of the NPO change during these three years, resulting in an increase of the tax of at least 25 euros (i.e. the tax amounts to 525 euros), you must inform the Legal Security Office.
If the ASBL has assets of more than 25,000 euros and the tax is more than 500 euros, you must submit an annual declaration.
3. Specific exemptions
Some NPOs are exempt from the tax. This is for example the case for approved pension funds for the self-employed. The exempted institutions are listed in the law.
#npos #taxes #belgium #property #legal