How do you close your business registration?
To close your business, contact your business counter. They will start the procedures on your behalf with the CBE to remove your company registration and VAT number.
If you prefer, you can cancel your VAT number yourself by completing form 604 C via MyMinfin. Before completing form 604 C, you must first have taken the necessary steps to stop your business number with the CBE via your business counter.
For more information, visit the FPS Economy page on closing or suspending a business.
⚠️ Please note that this article provides general guidance only. Tax rules may vary depending on your individual situation. When in doubt, ask your Tax Coach.
This article also covers what to do in Accountable before closing and where to find support if you need it.
What to do in Accountable?
→ If you are subject to VAT:
Download your VAT return for the current quarter.
Download your Intracom listing (to be submitted at the same time as your VAT return).
Download your annual client listing (to be submitted within three months of the end of your VAT liability).
Take screenshots of the information you need to complete your income tax submission (part 2):
Cancel your Accountable subscription so that it will not be renewed.
→ If you are a VAT franchisee:
Download your annual client listing (to be submitted within three months of the end of your VAT liability), unless nil.
Take screenshots of the information you need to complete your income tax submission (part 2):
Cancel your Accountable subscription so that it will not be renewed.
Your data will be kept in your account as long as you keep it active under the Free plan
🚨 In the event of business cessation, the annual client listing must be submitted within three months following the loss of VAT-liable status.
Support to help you bounce back
If you would like support to make the administrative process easier, consider contacting Revival (info@revival.be), an organisation dedicated to outplacement for the self-employed.
They offer free support to Belgian entrepreneurs faced with going out of business or bankruptcy, guiding you through the process of bouncing back on both a personal and professional level.
Their team first initiates a process aimed at clarifying the post-liquidation stages, re-establishing your social rights and tackling any debt management.
By joining their community of volunteer professionals, you benefit from collective assistance through workshops bringing together people in situations similar to yours.
At the same time, you receive individual and dedicated support from a coach and mentor. Their ultimate aim is to offer all-round support so that you do not have to face the difficulties alone, speeding up your recovery and making a fresh start easier.
Key takeaways
Contact your business counter first to initiate the closure of your company registration and VAT number with the CBE.
You can cancel your VAT number yourself via form 604 C on MyMinfin, but only after completing the CBE step.
In Accountable, download your VAT return, Intracom listing, and annual client listing, and take screenshots for your income tax submission before cancelling your subscription.
Revival offers free outplacement support to Belgian entrepreneurs closing their business.
Need help? Chat with us or email support@accountable.eu, we're happy to help.