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01 Definition 02 Benefits 03 How it works 04 Simulator

What is a stock option?

A stock option is a right — without obligation — to purchase shares in a company at a pre-agreed price (the exercise price), for a defined period.

Granted to business owners and self-employed individuals, these options benefit in Belgium from a preferential tax regime established by the law of 26 March 1999: taxation occurs only at the time of grant, on a reduced basis (the benefit in kind — BIK). The gain realised when exercising the option is completely tax-exempt.

Result: for an equivalent amount, a stock option generates significantly more net income than a classic dividend or ordinary remuneration.

BIK Only the benefit in kind is taxed at grant — not the capital gain at exercise
0% Tax on the capital gain realised when exercising the option
+15% Typical additional net income vs VVPR-bis dividend

How does it work?

Three key steps, a major tax benefit for the business owner

01

Grant of options

The company grants the stock options to the business owner. The exercise price and duration are set contractually. The business owner has 60 days to accept or refuse the written offer.

02

One-time taxation at grant

A benefit in kind (BIK) is taxed once only, at the time of grant. This BIK — calculated according to specific tax rules — forms the taxable basis for personal income tax and social contributions. No further taxation will apply.

03

Exercise & exempt capital gain

The business owner exercises their options at the time of their choice (within the agreed period). The realised capital gain — the difference between the value of the shares at exercise and the exercise price — is completely exempt from personal income tax.

Why choose stock options?

Reduced taxation

Only the BIK (benefit in kind) is taxed at grant. The capital gain at exercise completely escapes personal income tax and social contributions.

Legally secure framework

100 % Belgian product, governed by the law of 26 March 1999. The plan is structured and validated by a leading tax law firm, guaranteeing full compliance with applicable Belgian legislation.

Better than dividends

Compared with a VVPR-bis dividend (34.4% total tax burden), stock options systematically offer a higher net income.

Total flexibility

The executive freely chooses their subscription frequency: monthly to optimise income on a regular basis throughout the year, or on a one-off basis during fiscally favourable years. No minimum commitment, no calendar constraints.

Net income simulator

Compare stock options with distribution alternatives for business owners

Comparative results

Comparison base: subscription amount =

Stock options Law 26 March 1999
Benefit in kind (BIK)
Social contributions on BIK
PIT on BIK (incl. municipal surcharge)
Net in director's pocket
Return on the operation
+ corporate tax deduction
Ordinary dividend CIT + withholding tax 30%
Corporate income tax
Withholding tax (30%)
Net income
% net / Saving vs options
VVPR-bis dividend CIT + withholding tax 18%
Corporate income tax
Withholding tax (18%)
Net income
% net / Saving vs options

Indicative simulation based on the law of 26 March 1999 on stock options. Results depend on your individual situation, the type of plan and the financial capacity of your company. Consult an adviser for a personalised analysis.

Would you like to set up a stock option plan?

experlife guides you in structuring and optimising your remuneration as a business owner or self-employed individual.

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