Business For Sale Belgium | Business For Sale Listings
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Get to Know About Belgium
Belgium is a sovereign nation in northwestern Europe. It is also referred to as the Kingdom of Belgium. The Netherlands bounds it to the north, Germany to the east, Luxembourg to the southeast, France to the southwest, and the North Sea to the northwest. The capital city is at Brussels with other major cities in Liege, Antwerp, Charleroi, and Ghent.
Belgium is ethnically a heterogeneous nation spanning the edge between the Roman and Germanic language ancestors of Western Europe. The country is divided between French-speaking people, communally called Walloons (a third of the population) and Flemings, (Dutch-speaking people, over one-half of the population). The population stands at approximately 11.35 million.
Belgium’s economy is free-enterprise with its major driver of GDP emanating from the service-sector. On the other hand, Belgium’s efforts on subsidizing on ailing industries, especially steel and textiles and offering tax incentives. Moreover, the reduction of interest rates and capital bonuses have attracted foreign direct investments. Doing business in Belgium is relatively modest owing to the investment policies reforms, reduction of the budget deficit, and the debt-to-GDP ratio through tightening the monetary and fiscal policies. Again, the significant growth in the service sector has aided in reducing the levels of unemployment in Belgium. Any investor looking forward to doing business in Belgium should exploit the agricultural sector primarily on livestock; dairy and meat products comprise over two-thirds of the overall farm value.