Ghent, economic-academic entity in Flanders
FROM KNOWLEDGE TOWARDS A NEW ECONOMY
From knowledge towards a new economy. That is exactly what Ghent wants to be strong in. The City has an enormous, fast-growing potential of research facilities which can lead to new practices and technologies. And knowledge and innovation are of major importance for the entrepreneur.
Ghent has the suitable channels to succeed. Ghent currently boasts 13 research centres of world class. The centres do research towards applications for very diverse domains such as bioengineering or life sciences.
INVESTORS ARE WELCOME
The City of Ghent together with Ghent University boast incubators at different science parks. An incubator creates the circumstances in which spin-offs and starting companies can develop into healthy, prosperous enterprises. Investors are very welcome in Ghent. With a string of support measures, the City of Ghent is acting on its word. Depending on the nature of your activity, you can apply for one or more of these premiums. Businesses smaller than 500m² established on territory belonging to Ghent, have the right to a tax exemption. Additionally, all new business concerns can enjoy these benefits for up to five years following the start-up of the company, provided they meet the required conditions. Also the Flemish and federal authorities offer tax advantages to investors. There is a system for innovation premiums, fiscal investment advantages and fiscal notional advantages (advantages for risk capital) that is unique in Europe.
Ghent is the second most important port in Belgium. Owing to its central location, several world leaders of among others the steel, automotive, foodstuffs, paper, energy and chemical sectors established themselves in the port of Ghent. In order to preserve this favourable situation, Ghent Port Company supports the development of industry and port through service rendering.