Tonnage tax

At the request of the shipowner or ship manager, profits resulting from ocean-shipping or from the management of ships for the account of third parties, may be taxed on a flat-rate basis based on the tonnage of the ships that generate the profits (see Downloads > Taxes > Extract from Belgian 2002 and 2004 Program Acts ...).

If the request is granted, the tonnage tax will apply for a period of 10 years.
 
The profits of the taxable period are assessed per ship, per day and per 100 net tons, as follows:
  • 1.00 EUR for the bracket up to 1000 net tons;
  • 0,60 EUR for the bracket between 1000 net tons and 10,000 net tons;
  • 0,40 EUR for the bracket between 10,000 net tons and 20,000 net tons;
  • 0,20 EUR for the bracket between 20,000 net tons and 40,000 net tons;
  • 0,05 EUR for the bracket over 40,000 net tons.
The 0,05 EUR rate for the bracket over 40,000 net tons only applies – in the case of ocean-shipping -  :
  • either to sea-going ships acquired as new ships;
  • or to seagoing ships less than 5 year old which have been registered under the flag of a non-EU member state as of their delivery and during the entire period immediately preceding the taxable period during which taxable profits are assessed on a flat-rate basis for the first time in Belgium;
  • or to seagoing ships of at least five years old which have been registered under the flag of a non-EU member state during the five years immediately preceding the taxable period during which taxable profits are assessed on a flat-rate basis for the first time in Belgium.
The 0,05 EUR rate for the bracket over 40,000 net tons applies only to the management of seagoing vessels for the account of third parties:
  • if the shipowner has acquired the ships as new;
  • or if the seagoing ships are less than 5 years old and have been registered under the flag of a non-EU member state as of their delivery and during the entire period immediately preceding the taxable period during which taxable profits are assessed on a flat-rate basis for the first time in Belgium;
  • or if the seagoing ships are at least 5 years old and have been registered under the flag of a non-EU member state during the five years immediately preceding the taxable period during which taxable profits are assessed on a flat-rate basis for the first time in Belgium