Why consider an SCI?
A property company (SCI) is an increasingly popular asset management tool in Belgium. It allows you to separate your property assets from personal wealth, optimise taxation and facilitate inheritance.
However, it involves accounting obligations and recurring costs that must be weighed against the tax advantages.
The numbers to crunch before starting
As a rule, an SCI becomes worthwhile from 2 to 3 rental properties generating net annual income above €30,000. Below this threshold, the company’s management costs risk cancelling out the tax benefit.