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Limburg will remain a free zone for another two years - Economic Policy

Limburg will remain a free zone for another two years – Economic Policy

Part of the province of Limburg will retain its “free zone” status until October 31, 2024, the newspaper Het Belang van Limburg wrote on Saturday. The select ministerial committee of the federal government has taken a decision to this effect.

This status was granted in April 2015 in response to the closure of the Ford Genk car plant. After several extensions, this tax support measure was in principle to end on October 31, 2022.

The advantageous tax regime benefits all SMEs and all large companies with more than 250 workers established in one of the 19 municipalities included in the support system, namely Beringen, Bilzen, Dilsen-Stokkem, Genk, Ham, Hechtel -Eksel, Heers, Hoeselt, Houthalen-Helchteren, Lanaken, Leopoldsburg, Lommel, Lummen, Maasmechelen, Oudsbergen, Pelt, Tessenderlo, Tongeren and Zutendaal.

This status was granted in April 2015 in response to the closure of the Ford Genk car plant. After several extensions, this tax support measure was in principle to end on October 31, 2022. The advantageous tax regime benefits all SMEs and all large companies with more than 250 workers established in one of the 19 municipalities included in the support system, namely Beringen, Bilzen, Dilsen-Stokkem, Genk, Ham, Hechtel-Eksel, Heers, Hoeselt, Houthalen-Helchteren, Lanaken, Leopoldsburg, Lommel, Lummen, Maasmechelen, Oudsbergen, Pelt, Tessenderlo, Tongeren and Zutendaal .

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