February 3, 2017

By Admin

Belgium Passes New Law Allowing Equity and Debt Crowdfunding

A new law that was passed on December 18th, 2016 approving Belgian equity crowdfunding went into effect on Wednesday of this week, creating a status for equity and debt crowdfunding platforms, subjecting what the Belgians refer to as “alternative financing platforms” to initial authorization and operating requirements under supervision of the Financial Services and Marks authority (FSM), Belgium’s financial regulatory body. The scope of this law does not cover rewards and donation based crowdfunding, but the law does modify existing tax legislation providing tax benefits for investments in startup companies through licensed platforms already available for startup investing. Read more.