Gentrepreneur FAQ.

Details

• Source: https://www.gentrepreneur.be/faq
• What it is: a collection of frequently asked questions for (student) entrepreneurs, with practical basics and links to coaching/Startium

FAQ themes (summary)

Company form

• You can change legal form.
• Sole proprietorship → company: the enterprise number of the sole proprietorship is stopped and a new enterprise number is created for the company.
• Company form → another company form: possible via publication/amendment; best discussed with an accountant.

Student self-employed + student job

Student self-employment can be combined with a student job. Key considerations:

• Growth package / child benefit (18–25): in Flanders you keep it if you work either max. 650 hours/year under a student contract (reduced social contributions) or max. 80 hours/month under a “regular” contract (temp/flexi/permanent/…); some exceptions do not count towards the limit. In Brussels the limit is max. 240 hours per quarter.
• social contributions (based on net taxable income as self-employed),
• fiscal dependency (income from student job + self-employed counts together).

Entrepreneurship without an enterprise number

Possible alternatives if you do not (yet) want/can have an enterprise/VAT number:

• Artist compensation schemes (under conditions),
• payroll/umbrella companies,
• joining a cooperative.

Sole proprietorship vs. company

Usually decided with an accountant. Key differences include liability, set-up complexity/cost, tax treatment and admin obligations.

VAT small-business exemption

If annual turnover is < €25,000, you can opt for the small-business VAT exemption.

Pros: no VAT charged/paid; usually fewer VAT filings.

Cons: you cannot recover VAT on purchases; can be a disadvantage with high start-up investments.

Some VAT obligations remain (e.g. minimal admin; customer listing when applicable).

Help

If you cannot find your answer, contact Gentrepreneur or book coaching via Startium.