- 15.9% in Flanders’ total employment
- 80% of Flanders’ total exports
- 8% of worldwide turnover in additive manufacturing
1. We have the best logistics location
Getting the right components and raw materials at the right time, and getting the product to the customer with maximum efficiency are crucial to your business. For decades now, Flanders has used its central location in Europe to its advantage – and so can you.
Successfully running your (advanced) manufacturing operations also requires highly productive and motivated employees. In Flanders, you’ll find a workforce that is smart, well-educated and multilingual, along with flexible labor conditions.
Several years ago, Flanders made innovation a priority in order to drive its advanced manufacturing industries forward. Close collaboration between the R&D and engineering departments of manufacturing companies, academic institutions and the government has resulted in an ecosystem of industrial competence centers.
Operating in a cost-effective manner is crucial for any manufacturing plant. Businesses looking to set up their advanced manufacturing operations in Flanders can benefit from numerous tax advantages and cash grants. These include:
- Strategic Transformation Support (STS) – Up to EUR 1.25 million for enterprises that make sizeable commercial investments and training efforts in Flanders to support strategic transformation projects;
- Ecology Premium Plus (EP-Plus) – Grants of 5 to 25% of the value of ecological investments in Flanders, with a maximum of EUR 1 million;
- Temporary economic unemployment – Employers who cannot employ their workmen on a normal basis for economic reasons do not have to pay wages for the unemployment days. The Belgian Federal Employment Agency gives employees a payment for those days of inactivity;
- Fiscal advantages for night or shift work – Employers are excused from paying part of the advance tax payment that he or she has deducted from the employees’ wages. This exemption amounts to 22.8% of the total taxable wages, including the bonuses for working in shifts or night work.
Companies with or deciding to set up their activities or headquarters in Flanders can reap the rewards of:
- various government grants and subsidies for transformation, ecological, R&D and growth investments;
- unique tax incentives for various types of business activities and investments;
- a set of employment subsidies to further reduce your salary costs as well as fiscal remuneration advantages;
- a number of funding options to help you get off the ground.