Build your biomanufacturing business:
the Walloon Way

Did you know setting up your company in Belgium and its southern region Wallonia is one of the fastest places in Europe to establish a business?

And you don’t have to do it alone either! The Wallonia Export & Investment Agency can help you:

• choose the right location for your business

• identify relevant tax benefits, incentives and subsidies

• spot new business opportunities

• grow your network in the region

• manage the legal aspects of setting up a business abroad

... and more!

Based on the determined criteria, an investment bonus (capital grant) may be granted to companies investing in Wallonia.
Foreign companies that invest in Wallonia can receive investment aid based on criteria including:

• the category of the company (SME, Large Company)
• the location of the investment
• the possible job creation
• the interest of the activity
• the aid scheme requested

There are several tax incentives available for companies that wish to invest in Wallonia:

• an 80% deduction on the withholding tax for R&D employees

• an innovation income tax deduction of up to 85%

• public subsidies and repayable cash advances

• patent income deduction

• tax deductions for investments in patents and R&D assets

Wallonia supports businesses that have R&D projects, whether they are involved in basic research or applied research. Basic research aims to acquire new knowledge in order to develop new products. Applied research uses knowledge and discoveries to create new products and services. All businesses can receive financial aid, whatever their size. Aids are offered for R&D which aim to help companies reinforce their innovation potential, acquire external knowledge for a project's implementation, conduct a research project, carry out a development project, create a spin-out from technologies mastered by the company but not exploited yet or protect innovation.