Wallonia may grant you an investment allowance, which shall vary depending on the criteria below :
If your company does not satisfy the criteria for an SME, your request for ‘traditional' assistance schemes shall be assessed based on the assistance scheme for large companies. In this case, your project must be located in a development zone and pertain to a new economic activity.
Under certain conditions, you may also benefit from the exemption from property tax.
Small and medium-sized enterprises (SME)
To receive traditional investment allowances, you must satisfy all the following criteria as a minimum:
The programme must be equal to, or greater than, the average depreciation for the past three accounting years before you submit your application.
Additional investments in the investment programme, or an amendment to the investment programme, shall only be authorised up to 20% of the amount of the investments presented in the initial application (application form for authorisation to begin an investment programme).
Assistance pertaining to the creation of jobs is limited based on the number of jobs created, that is, €300,000 (basis for calculating the percentage of the allowance) per job created and the relative increase of at least 5% (at least one job for very small and medium-sized companies and at least three jobs for medium-sized companies).
The percentage of assistance and the duration of the exemption from property tax vary depending on the category of the company and various criteria.
You will find further information on page 22 of the explanatory note in the ‘Useful documents’ tab of this procedure.
You will find the various steps to take to validate your case file below:
The date on which the application is sent to the administration is important: this is the date from which the works corresponding to the programme may start. The start of the works is defined as the start of the construction works linked to the investment, that is, the first legally binding order for equipment, or any other commitment that makes the investment irreversible, depending on which event occurs first.
Your application for a ‘Company passport’ must be completed via an online form available via ‘My Space’. When you are validating the request, you receive acknowledgement of receipt by email with a reference number.
The supporting documents to be provided by the user are mentioned on the intervention application form and the explanatory notes (which can be downloaded in the ‘Useful documents’ section of this procedure).
Appeal procedures are always provided if the assistance is refused. There are no costs associated with applying for the assistance.
Every effort is made to process applications within a reasonable period, which may vary depending on the potential complexity of the case file, requests for additional information and, where necessary, requests for the opinions required to assess the allowance and the available budget of the assistance scheme.
You may contact the Administration directly for help with your administrative processes.
All applications for assistance must be completed in French or German.
Commission Regulation (EU) No 651/2014 of 17 June 2014 declaring certain categories of aid compatible with the internal market in application of Articles 107 and 108 of the Treaty Text with EEA relevance and Annex 1 therein concerning the definition of an SME