The right staff can make – or break – a company, which is why you should establish your life science business in Brussels. Our talented, multilingual and highly educated people are ready and waiting to take your company to the next level, all supported by business-friendly regional policies.
How can pragmatic Brussels help you employ your dream team?
Finding the right staff
Brussels’ talent pool is overflowing with multilingual, skilled, highly educated and experienced staff, ready for new opportunities. In fact, the workforce here is one of the most productive in the EU (IMD World Competitiveness Yearbook). Combine this with their pragmatic, flexible and collaborative working attitude, and your new team will be up and running quickly.
What makes the Brussels talent pool ideal for the life sciences industry?
The capital’s 20 universities and other academic institutes have a proven track record in training staff in all aspects of the life sciences industry. Plus, thousands of researchers work in nine university hospitals, including the state-of-the-art Bordet and Ludwig cancer research centres and the Brussels life science Incubator. These cutting-edge researchers are part of the reason why pharma R&D centres in Brussels account for a fifth of the total R&D expenditures made by companies present in Belgium (EFPIA).
Furthermore, your future (research and non-research) employees already know the life sciences industry inside out thanks to their experience in life sciences hubs located in Brussels. So, whatever you’re looking for in your new staff, you’ll find it in Brussels.
The legal side of things
There is a broad selection of staff contracts available. Flexible, temporary, freelance, fixed term or permanent. Which suits your needs?
When it comes to costs, you’ll find that, compared to neighbouring countries, staff costs in Brussels tend to be lower and effective taxation rates are comparable (KPMG). The capital also offers financial incentives for the first six employees in a new company, a range of grants to companies generating further employment, and favourable tax conditions for expatriate managers and specialised staff. This includes tax benefits, an 80% deduction on patent income, an 80% wage tax exemption for researchers, flexible rewarding, stock options and R&D incentives that can equal a third of the salary of a PhD researcher. These factors have led to the 2018 KOF Index naming Belgium the most globalised nation in the world for openness as assessed by the economic and political factors.
Find out how you can create your perfect team. Contact us.