Belgium

Leasing 

Throughout the years, KPMG has been a significant service provider to the leasing, financial and automotive sector and its clients. The integrated cooperation with colleagues of other disciplines and with other countries through the worldwide KPMG Leasing Network allows KPMG to bring together specialists that have a thorough command of the different aspects related to leasing and automotive.

Koen Maerevoet

Koen Maerevoet

Head of KPMG Tax Advisers

+32 (0)27083867

The KPMG Leasing Practice has a long tradition of advising lessors, lessees, intermediaries and arrangers on asset-based financing and tax efficient structures, as well as leveraged leases and consumer leasing deals.

 

Working together in a multidisciplinary team, we can advise you on issues and questions such as:

 

  • Is it necessary to obtain a leasing license and which procedure needs to be followed in this respect?
  • How to draft leasing contracts which are in conformity with the Belgian law and which give sufficient guarantees to the lessor and lessee?
  • How to optimize leasing deals from a VAT point of view and how to avoid or reduce pre-financing of VAT?
  • How to optimize cross border transactions considering withholding tax and permanent establishment issues?
  • How to structure pan-European leasing operations?
  • How to achieve the optimal recovery of VAT in case of real estate leasing transactions?
  • How to draft a consumer leasing contract?
  • How does a leasing contract qualify according to income tax and accounting rules?
  • When does the income from leasing contracts need to be recognized?
  • What tax and other incentives are lessors and lessees entitled to?
  • What issues should be regarded in respect of cross border car leasing?
  • How to structure a pan-European leasing structure?
  • What are the corporate, individual income tax, VAT and social security aspects of the use of leased company cars by employees?