Doing business in Belgium: market research and go-to-market strategy

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We research the Belgian market and gather insights to ensure the successful growth of your business

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You will receive an accurate business plan, a market entry strategy, and recommendations for promoting your business in Belgium

Our services

We will conduct a detailed Belgian market research and prepare a comprehensive business plan to ensure your market entry is as effective as possible

We will conduct a detailed Belgian market research and prepare a comprehensive business plan to ensure your market entry is as effective as possible

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Belgium market research

Learn how to effectively grow and promote your business in your niche within the Belgian market. Receive detailed competitor insights, potential client analysis, and in-depth industry research to understand the operating environment and make informed business decisions.

Belgium market research

Business plan & strategies

Get a detailed business plan for entering the Belgian market. We will prepare it taking into account the country’s economic and cultural specifics, as well as your goals and resources. The plan includes all key sections, including a promotion strategy and financial projections, so you can confidently grow your business abroad.

Business plan & strategies

Belgium business setup consultation

We provide personalized consultations and recommendations for entering the Belgian market. You will receive a detailed analysis of your target audience, insights on key competitors, and a comprehensive understanding of the specifics of doing business in Belgium.

Belgium business setup consultation

Positioning strategies

We will create a detailed profile of your target audience, show how to address their needs to boost sales, and identify key market trends. Based on this data, we will develop a positioning strategy to ensure the successful growth of your business in the market.

Positioning strategies

Business coaching

Under the guidance of an expert, you will launch your business in Belgium step by step. We will help you create an accurate profile of your target audience, develop a promotion strategy that considers cultural nuances, determine optimal pricing for your products or services, and forecast potential sales volume.

Business coaching

Market research methods

Competitor, brand, and retailer analysis

Result

Application

Result

You will understand the competitive landscape in Belgium, identify unique opportunities for your business, build strong positioning, and reduce risks when entering the market and growing your business.

Application

Selection of optimal pricing and product assortment
Development of effective positioning
Identification of new opportunities for product expansion
Risk reduction when entering the market through understanding the competitive landscape

Consumer survey design and analysis

Result

Application

Result

You will receive accurate data on the motivation and behavior of your target audience. This allows you to understand how they perceive your product, brand, and communications, and to build effective marketing strategies.

Application

Create effective marketing campaigns
Adapt products and services to meet customer expectations
Build sales forecasts based on reliable data

Public information сollection and analysis

Result

Application

Result

You receive key market indicators, current events, and industry trends, enabling you to gain a comprehensive understanding of the market and competitive landscape for making informed business decisions.

Application

Identify growth opportunities and new business directions
Develop a market entry strategy based on current trends
Reduce risks using verified information

Conducting in-depth interviews with experts

Result

Application

Result

Practical insights from industry experts — information you won’t find in standard statistical data.

Application

Gain a deeper understanding of the market specifics and its risks
Develop a market entry and business scaling strategy
Assess prospects and identify hidden opportunities

Social listening

Result

Application

Result

You gain a complete understanding of how your audience perceives your brand, products, and competitors online. This helps monitor customer sentiment, identify trends, and effectively manage reputational risks.

Application

Adapt marketing campaigns to current trends and customer expectations
Respond to negative feedback and improve audience engagement
Find additional ways to connect with customers

Focus group setup and analysis

Result

Application

Result

You receive direct feedback from your target audience, learning their real expectations, motivations, and potential barriers when making purchasing decisions.

Application

Adapt your product and communications to customer needs
Develop marketing strategies that increase trust and conversion
Test hypotheses and identify new opportunities for promotion

Indeso provides a complete understanding of the Belgian market for a successful launch of your business

"For a successful business launch in Belgium, it is essential to strategically plan every step, taking into account the market and cultural specifics of the country. Indeso provides up-to-date information and verified data, conducting in-depth analysis to ensure your company can confidently enter the Belgian market. We help you make informed decisions, reduce risks, and avoid unnecessary financial losses at the start. Our experts assist in understanding your target audience, building effective positioning, and creating a step-by-step business plan. Indeso’s analysis covers not only the market situation but also the country’s cultural nuances, providing a complete understanding of the business environment for your company.

20+

years

helping companies expand into new markets

100+

businesses

successfully expanded into Asia, Europe, and American markets with our support

10+

experts

work with us, each having completed a rigorous 5-step selection process

10 000+

dollars

saved on average when expanding into new markets

Entering international markets can be challenging, and our goal is to make the process simple and clear. Indeso conducts in-depth analysis, gathering up-to-date data and facts about your industry, so you gain a complete understanding of the market and can develop a strategy that ensures a successful launch and growth of your business abroad.

Tatyana Kovpak

Indeso’s principal consultant, Tatyana Kovpak, has over 20 years of experience in business consulting and in-depth market analysis across various countries. Tatyana, together with her team, will help you assess the growth prospects of your business in Belgium, study your target audience, and save costs when launching your company.

  • • Launched her first company at the age of 20 and grew it to a market leader, gaining firsthand experience in rapid growth even in competitive environments
  • • With consulting experience in Singapore, the USA, and France, and a Master’s from ESSEC in Strategy and International Business, she combines academic knowledge with global insights
  • • Today, she helps companies successfully enter international markets, understand their audiences, and identify growth opportunities
  • • Fluent in Russian, French, and English, she builds effective communication at an international level

Benefits of doing business in Belgium

Registering a new company in Belgium is simple and accessible: Only one shareholder and one director are required; both can be foreigners and do not need to reside in Belgium permanently.

Companies registered in Belgium enjoy the following advantages: no trade restrictions within the EU; free movement of capital and labor across the EU; reduction or exemption from withholding tax on international payments; and access to the single European market with a population of 500 million.

It is easy to open corporate accounts in international banks such as HSBC, Standard Chartered, and Citibank to serve Belgian companies.

Although Belgium does not have free economic zones, there are customs warehouses near the Port of Antwerp and the national airport north of Brussels. With permission from customs authorities, a company can establish a private customs warehouse, allowing duties to be deferred or avoided.

Belgium borders key European markets: Germany, the Netherlands, the United Kingdom, and France.

Belgium has double taxation agreements with over 85 countries, including Australia, China, Germany, Hong Kong, Singapore, the USA, and the United Kingdom.

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Why analyze the Belgian market

  • Understand the legal and regulatory requirements that must be met when entering the market
  • Identify consumer behavior patterns, preferences, and expectations to adapt your product or service to the specific market
  • Study competitors, their strategies, strengths, and weaknesses to develop effective tactics for successful positioning
  • Understand current and future market trends, which is crucial for making strategic decisions and minimizing risks
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For successful entry into the Belgian market, it is important for a business to analyze the market in order to:

  • Adapt your business model and marketing strategy to achieve maximum efficiency
  • Discover niches and new business opportunities that could be missed without detailed analysis
  • Create a business plan and market entry strategy to avoid financial losses and mistakes at the start
  • Set optimal prices for products or services that align with the purchasing power of the target audience and the competitive landscape

Risks and challenges of doing business in Belgium

  • The standard corporate tax rate is 25% — one of the highest in Europe
  • Companies are required to pay several additional taxes, which can raise the average effective tax rate to around 58% of annual profit
  • Depending on the company’s location, the official language may be French, Flemish, or German. Accordingly, all corporate documents, as well as contracts with employees and clients, must be translated into at least one of these languages
  • Registering a company, licenses, and permits may take more time than in some other countries
  • Belgium is a federal state, and legislation varies by region. Requirements for employment contracts, leasing, and reporting may differ between Flanders, Wallonia, and Brussels
  • Small businesses may struggle to gain market share without precise positioning
  • Business processes in Belgium can be more formal and slower than in many other countries
  • Employment legislation is strict, regulating dismissals, working hours, and vacation policies

To successfully enter the Belgian market, start with in-depth market research. We provide all the essential data to ensure a confident market entry and sustainable growth of your business in Belgium.

Plan to enter the Belgium market?
Schedule a free consultation

During the consultation, you will receive valuable insights for your business:

Schedule a consultation
  • Quick analysis to assess your company’s readiness to enter a new market
  • Checklist: “How to Save Over $10,000 When Entering the Belgian Market”
  • Demonstration of a market study so you can clearly see the depth and detail of our work
  • Recommendations on structure: branch or subsidiary
  • Answers to your specific questions
  • Quick analysis to assess your company’s readiness to enter a new market
  • Checklist: “How to Save Over $10,000 When Entering the Belgian Market”
  • Demonstration of a market study so you can clearly see the depth and detail of our work
  • Recommendations on structure: branch or subsidiary
  • Answers to your specific questions
Schedule a consultation

Results our clients get

Case Study

01

Assistance in starting an architecture business in France

Case Study

02

Market analysis of three countries: the Philippines, Malaysia, and Indonesia

Case Study

03

Marketing for a roofing materials store

Case Study

04

Marketing research for a beauty salon

Case Study

05

Business plans development

Who will benefit from a Belgian market analysis

Companies looking to enter the Belgian market

  • Assess demand, understand the competition and regulatory requirements, develop an effective strategy, and minimize financial risks by adapting your business to local conditions and customer needs.

Entrepreneurs looking to start business in Belgium

  • Understand the needs of your potential audience in your niche, learn about legal requirements, and receive information on ways to legally reside in the country through business.

Start-up founders and experts

  • Learn how to organize and successfully launch your own business, choose the right niche and positioning strategy, and identify the needs of your customers — all under the guidance of an experienced expert.

Testimonials

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Igor Lokhmakov

Co-founder, SunPay

Between 2019 and 2021, we worked with Indeso on three financial-sector projects: securing a license for a financial company in Hong Kong, obtaining a banking license in Saint Kitts and Nevis, and updating internal company documents to meet Canadian regulatory standards. Although we had hands-on experience in running similar businesses, we preferred not to get involved in the bureaucratic process of document preparation, submission, and regulatory communications.

Olga Mazure

Licensing Specialist

Eagle BNX Limited approached Indeso to develop internal procedures for the company, preparing to submit documents for a European payment license. The documents were fully compliant with regulatory requirements and delivered on time, without delays. Working with Tatyana was a true pleasure — communication was effortless, tasks were easily understood, and responses were fast and efficient. This isn’t our first project with Indeso, and we look forward to continuing our collaboration in the future.

Aislu Babakanova

Head of start-up department

Siberian Wellness Corporation operates in 65 countries worldwide, and marketing research in target countries is a key part of our strategic planning. We have been partnering with Indeso for several years on multiple key markets. Southeast Asia is strategically important to us, and we have received detailed market studies from Indeso on Malaysia, Indonesia, and the Philippines. This information helped us identify priority markets, select one, and start operations in a SEA country.
Currently, we are relaunching our business in India, and Indeso provided thorough insights on critical factors for market entry, such as business model, entry strategy, and more. In South Korea, we have a long-standing collaboration with Indeso on audience segment research, hypothesis validation, and competitor comparisons across several product categories. Several other markets are also under discussion.
I would like to sincerely thank the entire Indeso team for their effective collaboration and the consistently high-quality materials that meet our requirements.

Svetlana Novikova

Founder, Luxstroy A

I am thoroughly impressed with Indeso’s services, particularly Tatyana Kovpak’s dedication. She responded to my emails and requests promptly and professionally, and went above and beyond in promoting our company. Special thanks to Tatyana for her professionalism, friendliness, and commitment to achieving the best possible results. I highly recommend Indeso and am confident that the team’s devotion to every client’s success will be a great advantage for all of their customers.

Oksana Scott

Founder and director of a trading company in Singapore

In the first quarter of 2022, Singapore Pte Ltd partnered with Indeso for market analysis and research to support their wholesale alcohol and wine business in Singapore and the Asia-Pacific region. The work was of high quality, highly useful, and delivered on time — completed in under two weeks. Tatyana effectively presented all key market metrics, competitor insights, and situational trends, and provided an in-depth consultation on the next steps for business growth based on her expertise. I strongly recommend her — working with Tatyana turns the process into a smooth and enjoyable experience.

Igor Lokhmakov

Co-founder, SunPay

Between 2019 and 2021, we worked with Indeso on three financial-sector projects: securing a license for a financial company in Hong Kong, obtaining a banking license in Saint Kitts and Nevis, and updating internal company documents to meet Canadian regulatory standards. Although we had hands-on experience in running similar businesses, we preferred not to get involved in the bureaucratic process of document preparation, submission, and regulatory communications.

Olga Mazure

Licensing Specialist

Eagle BNX Limited approached Indeso to develop internal procedures for the company, preparing to submit documents for a European payment license. The documents were fully compliant with regulatory requirements and delivered on time, without delays. Working with Tatyana was a true pleasure — communication was effortless, tasks were easily understood, and responses were fast and efficient. This isn’t our first project with Indeso, and we look forward to continuing our collaboration in the future.

Aislu Babakanova

Head of start-up department

Siberian Wellness Corporation operates in 65 countries worldwide, and marketing research in target countries is a key part of our strategic planning. We have been partnering with Indeso for several years on multiple key markets. Southeast Asia is strategically important to us, and we have received detailed market studies from Indeso on Malaysia, Indonesia, and the Philippines. This information helped us identify priority markets, select one, and start operations in a SEA country.
Currently, we are relaunching our business in India, and Indeso provided thorough insights on critical factors for market entry, such as business model, entry strategy, and more. In South Korea, we have a long-standing collaboration with Indeso on audience segment research, hypothesis validation, and competitor comparisons across several product categories. Several other markets are also under discussion.
I would like to sincerely thank the entire Indeso team for their effective collaboration and the consistently high-quality materials that meet our requirements.

Svetlana Novikova

Founder, Luxstroy A

I am thoroughly impressed with Indeso’s services, particularly Tatyana Kovpak’s dedication. She responded to my emails and requests promptly and professionally, and went above and beyond in promoting our company. Special thanks to Tatyana for her professionalism, friendliness, and commitment to achieving the best possible results. I highly recommend Indeso and am confident that the team’s devotion to every client’s success will be a great advantage for all of their customers.

Oksana Scott

Founder and director of a trading company in Singapore

In the first quarter of 2022, Singapore Pte Ltd partnered with Indeso for market analysis and research to support their wholesale alcohol and wine business in Singapore and the Asia-Pacific region. The work was of high quality, highly useful, and delivered on time — completed in under two weeks. Tatyana effectively presented all key market metrics, competitor insights, and situational trends, and provided an in-depth consultation on the next steps for business growth based on her expertise. I strongly recommend her — working with Tatyana turns the process into a smooth and enjoyable experience.

Igor Lokhmakov

Co-founder, SunPay

Between 2019 and 2021, we worked with Indeso on three financial-sector projects: securing a license for a financial company in Hong Kong, obtaining a banking license in Saint Kitts and Nevis, and updating internal company documents to meet Canadian regulatory standards. Although we had hands-on experience in running similar businesses, we preferred not to get involved in the bureaucratic process of document preparation, submission, and regulatory communications.

Olga Mazure

Licensing Specialist

Eagle BNX Limited approached Indeso to develop internal procedures for the company, preparing to submit documents for a European payment license. The documents were fully compliant with regulatory requirements and delivered on time, without delays. Working with Tatyana was a true pleasure — communication was effortless, tasks were easily understood, and responses were fast and efficient. This isn’t our first project with Indeso, and we look forward to continuing our collaboration in the future.

Aislu Babakanova

Head of start-up department

Siberian Wellness Corporation operates in 65 countries worldwide, and marketing research in target countries is a key part of our strategic planning. We have been partnering with Indeso for several years on multiple key markets. Southeast Asia is strategically important to us, and we have received detailed market studies from Indeso on Malaysia, Indonesia, and the Philippines. This information helped us identify priority markets, select one, and start operations in a SEA country.
Currently, we are relaunching our business in India, and Indeso provided thorough insights on critical factors for market entry, such as business model, entry strategy, and more. In South Korea, we have a long-standing collaboration with Indeso on audience segment research, hypothesis validation, and competitor comparisons across several product categories. Several other markets are also under discussion.
I would like to sincerely thank the entire Indeso team for their effective collaboration and the consistently high-quality materials that meet our requirements.

Svetlana Novikova

Founder, Luxstroy A

I am thoroughly impressed with Indeso’s services, particularly Tatyana Kovpak’s dedication. She responded to my emails and requests promptly and professionally, and went above and beyond in promoting our company. Special thanks to Tatyana for her professionalism, friendliness, and commitment to achieving the best possible results. I highly recommend Indeso and am confident that the team’s devotion to every client’s success will be a great advantage for all of their customers.

Oksana Scott

Founder and director of a trading company in Singapore

In the first quarter of 2022, Singapore Pte Ltd partnered with Indeso for market analysis and research to support their wholesale alcohol and wine business in Singapore and the Asia-Pacific region. The work was of high quality, highly useful, and delivered on time — completed in under two weeks. Tatyana effectively presented all key market metrics, competitor insights, and situational trends, and provided an in-depth consultation on the next steps for business growth based on her expertise. I strongly recommend her — working with Tatyana turns the process into a smooth and enjoyable experience.

Igor Lokhmakov

Co-founder, SunPay

Between 2019 and 2021, we worked with Indeso on three financial-sector projects: securing a license for a financial company in Hong Kong, obtaining a banking license in Saint Kitts and Nevis, and updating internal company documents to meet Canadian regulatory standards. Although we had hands-on experience in running similar businesses, we preferred not to get involved in the bureaucratic process of document preparation, submission, and regulatory communications.

Olga Mazure

Licensing Specialist

Eagle BNX Limited approached Indeso to develop internal procedures for the company, preparing to submit documents for a European payment license. The documents were fully compliant with regulatory requirements and delivered on time, without delays. Working with Tatyana was a true pleasure — communication was effortless, tasks were easily understood, and responses were fast and efficient. This isn’t our first project with Indeso, and we look forward to continuing our collaboration in the future.

Aislu Babakanova

Head of start-up department

Siberian Wellness Corporation operates in 65 countries worldwide, and marketing research in target countries is a key part of our strategic planning. We have been partnering with Indeso for several years on multiple key markets. Southeast Asia is strategically important to us, and we have received detailed market studies from Indeso on Malaysia, Indonesia, and the Philippines. This information helped us identify priority markets, select one, and start operations in a SEA country.
Currently, we are relaunching our business in India, and Indeso provided thorough insights on critical factors for market entry, such as business model, entry strategy, and more. In South Korea, we have a long-standing collaboration with Indeso on audience segment research, hypothesis validation, and competitor comparisons across several product categories. Several other markets are also under discussion.
I would like to sincerely thank the entire Indeso team for their effective collaboration and the consistently high-quality materials that meet our requirements.

Svetlana Novikova

Founder, Luxstroy A

I am thoroughly impressed with Indeso’s services, particularly Tatyana Kovpak’s dedication. She responded to my emails and requests promptly and professionally, and went above and beyond in promoting our company. Special thanks to Tatyana for her professionalism, friendliness, and commitment to achieving the best possible results. I highly recommend Indeso and am confident that the team’s devotion to every client’s success will be a great advantage for all of their customers.

Oksana Scott

Founder and director of a trading company in Singapore

In the first quarter of 2022, Singapore Pte Ltd partnered with Indeso for market analysis and research to support their wholesale alcohol and wine business in Singapore and the Asia-Pacific region. The work was of high quality, highly useful, and delivered on time — completed in under two weeks. Tatyana effectively presented all key market metrics, competitor insights, and situational trends, and provided an in-depth consultation on the next steps for business growth based on her expertise. I strongly recommend her — working with Tatyana turns the process into a smooth and enjoyable experience.

Igor Lokhmakov

Co-founder, SunPay

Between 2019 and 2021, we worked with Indeso on three financial-sector projects: securing a license for a financial company in Hong Kong, obtaining a banking license in Saint Kitts and Nevis, and updating internal company documents to meet Canadian regulatory standards. Although we had hands-on experience in running similar businesses, we preferred not to get involved in the bureaucratic process of document preparation, submission, and regulatory communications.

Olga Mazure

Licensing Specialist

Eagle BNX Limited approached Indeso to develop internal procedures for the company, preparing to submit documents for a European payment license. The documents were fully compliant with regulatory requirements and delivered on time, without delays. Working with Tatyana was a true pleasure — communication was effortless, tasks were easily understood, and responses were fast and efficient. This isn’t our first project with Indeso, and we look forward to continuing our collaboration in the future.

Aislu Babakanova

Head of start-up department

Siberian Wellness Corporation operates in 65 countries worldwide, and marketing research in target countries is a key part of our strategic planning. We have been partnering with Indeso for several years on multiple key markets. Southeast Asia is strategically important to us, and we have received detailed market studies from Indeso on Malaysia, Indonesia, and the Philippines. This information helped us identify priority markets, select one, and start operations in a SEA country.
Currently, we are relaunching our business in India, and Indeso provided thorough insights on critical factors for market entry, such as business model, entry strategy, and more. In South Korea, we have a long-standing collaboration with Indeso on audience segment research, hypothesis validation, and competitor comparisons across several product categories. Several other markets are also under discussion.
I would like to sincerely thank the entire Indeso team for their effective collaboration and the consistently high-quality materials that meet our requirements.

Svetlana Novikova

Founder, Luxstroy A

I am thoroughly impressed with Indeso’s services, particularly Tatyana Kovpak’s dedication. She responded to my emails and requests promptly and professionally, and went above and beyond in promoting our company. Special thanks to Tatyana for her professionalism, friendliness, and commitment to achieving the best possible results. I highly recommend Indeso and am confident that the team’s devotion to every client’s success will be a great advantage for all of their customers.

Oksana Scott

Founder and director of a trading company in Singapore

In the first quarter of 2022, Singapore Pte Ltd partnered with Indeso for market analysis and research to support their wholesale alcohol and wine business in Singapore and the Asia-Pacific region. The work was of high quality, highly useful, and delivered on time — completed in under two weeks. Tatyana effectively presented all key market metrics, competitor insights, and situational trends, and provided an in-depth consultation on the next steps for business growth based on her expertise. I strongly recommend her — working with Tatyana turns the process into a smooth and enjoyable experience.

Igor Lokhmakov

Co-founder, SunPay

Between 2019 and 2021, we worked with Indeso on three financial-sector projects: securing a license for a financial company in Hong Kong, obtaining a banking license in Saint Kitts and Nevis, and updating internal company documents to meet Canadian regulatory standards. Although we had hands-on experience in running similar businesses, we preferred not to get involved in the bureaucratic process of document preparation, submission, and regulatory communications.

Olga Mazure

Licensing Specialist

Eagle BNX Limited approached Indeso to develop internal procedures for the company, preparing to submit documents for a European payment license. The documents were fully compliant with regulatory requirements and delivered on time, without delays. Working with Tatyana was a true pleasure — communication was effortless, tasks were easily understood, and responses were fast and efficient. This isn’t our first project with Indeso, and we look forward to continuing our collaboration in the future.

Aislu Babakanova

Head of start-up department

Siberian Wellness Corporation operates in 65 countries worldwide, and marketing research in target countries is a key part of our strategic planning. We have been partnering with Indeso for several years on multiple key markets. Southeast Asia is strategically important to us, and we have received detailed market studies from Indeso on Malaysia, Indonesia, and the Philippines. This information helped us identify priority markets, select one, and start operations in a SEA country.
Currently, we are relaunching our business in India, and Indeso provided thorough insights on critical factors for market entry, such as business model, entry strategy, and more. In South Korea, we have a long-standing collaboration with Indeso on audience segment research, hypothesis validation, and competitor comparisons across several product categories. Several other markets are also under discussion.
I would like to sincerely thank the entire Indeso team for their effective collaboration and the consistently high-quality materials that meet our requirements.

Svetlana Novikova

Founder, Luxstroy A

I am thoroughly impressed with Indeso’s services, particularly Tatyana Kovpak’s dedication. She responded to my emails and requests promptly and professionally, and went above and beyond in promoting our company. Special thanks to Tatyana for her professionalism, friendliness, and commitment to achieving the best possible results. I highly recommend Indeso and am confident that the team’s devotion to every client’s success will be a great advantage for all of their customers.

Oksana Scott

Founder and director of a trading company in Singapore

In the first quarter of 2022, Singapore Pte Ltd partnered with Indeso for market analysis and research to support their wholesale alcohol and wine business in Singapore and the Asia-Pacific region. The work was of high quality, highly useful, and delivered on time — completed in under two weeks. Tatyana effectively presented all key market metrics, competitor insights, and situational trends, and provided an in-depth consultation on the next steps for business growth based on her expertise. I strongly recommend her — working with Tatyana turns the process into a smooth and enjoyable experience.

Igor Lokhmakov

Co-founder, SunPay

Between 2019 and 2021, we worked with Indeso on three financial-sector projects: securing a license for a financial company in Hong Kong, obtaining a banking license in Saint Kitts and Nevis, and updating internal company documents to meet Canadian regulatory standards. Although we had hands-on experience in running similar businesses, we preferred not to get involved in the bureaucratic process of document preparation, submission, and regulatory communications.

Olga Mazure

Licensing Specialist

Eagle BNX Limited approached Indeso to develop internal procedures for the company, preparing to submit documents for a European payment license. The documents were fully compliant with regulatory requirements and delivered on time, without delays. Working with Tatyana was a true pleasure — communication was effortless, tasks were easily understood, and responses were fast and efficient. This isn’t our first project with Indeso, and we look forward to continuing our collaboration in the future.

Aislu Babakanova

Head of start-up department

Siberian Wellness Corporation operates in 65 countries worldwide, and marketing research in target countries is a key part of our strategic planning. We have been partnering with Indeso for several years on multiple key markets. Southeast Asia is strategically important to us, and we have received detailed market studies from Indeso on Malaysia, Indonesia, and the Philippines. This information helped us identify priority markets, select one, and start operations in a SEA country.
Currently, we are relaunching our business in India, and Indeso provided thorough insights on critical factors for market entry, such as business model, entry strategy, and more. In South Korea, we have a long-standing collaboration with Indeso on audience segment research, hypothesis validation, and competitor comparisons across several product categories. Several other markets are also under discussion.
I would like to sincerely thank the entire Indeso team for their effective collaboration and the consistently high-quality materials that meet our requirements.

Svetlana Novikova

Founder, Luxstroy A

I am thoroughly impressed with Indeso’s services, particularly Tatyana Kovpak’s dedication. She responded to my emails and requests promptly and professionally, and went above and beyond in promoting our company. Special thanks to Tatyana for her professionalism, friendliness, and commitment to achieving the best possible results. I highly recommend Indeso and am confident that the team’s devotion to every client’s success will be a great advantage for all of their customers.

Oksana Scott

Founder and director of a trading company in Singapore

In the first quarter of 2022, Singapore Pte Ltd partnered with Indeso for market analysis and research to support their wholesale alcohol and wine business in Singapore and the Asia-Pacific region. The work was of high quality, highly useful, and delivered on time — completed in under two weeks. Tatyana effectively presented all key market metrics, competitor insights, and situational trends, and provided an in-depth consultation on the next steps for business growth based on her expertise. I strongly recommend her — working with Tatyana turns the process into a smooth and enjoyable experience.

Igor Lokhmakov

Co-founder, SunPay

Between 2019 and 2021, we worked with Indeso on three financial-sector projects: securing a license for a financial company in Hong Kong, obtaining a banking license in Saint Kitts and Nevis, and updating internal company documents to meet Canadian regulatory standards. Although we had hands-on experience in running similar businesses, we preferred not to get involved in the bureaucratic process of document preparation, submission, and regulatory communications.

Olga Mazure

Licensing Specialist

Eagle BNX Limited approached Indeso to develop internal procedures for the company, preparing to submit documents for a European payment license. The documents were fully compliant with regulatory requirements and delivered on time, without delays. Working with Tatyana was a true pleasure — communication was effortless, tasks were easily understood, and responses were fast and efficient. This isn’t our first project with Indeso, and we look forward to continuing our collaboration in the future.

Aislu Babakanova

Head of start-up department

Siberian Wellness Corporation operates in 65 countries worldwide, and marketing research in target countries is a key part of our strategic planning. We have been partnering with Indeso for several years on multiple key markets. Southeast Asia is strategically important to us, and we have received detailed market studies from Indeso on Malaysia, Indonesia, and the Philippines. This information helped us identify priority markets, select one, and start operations in a SEA country.
Currently, we are relaunching our business in India, and Indeso provided thorough insights on critical factors for market entry, such as business model, entry strategy, and more. In South Korea, we have a long-standing collaboration with Indeso on audience segment research, hypothesis validation, and competitor comparisons across several product categories. Several other markets are also under discussion.
I would like to sincerely thank the entire Indeso team for their effective collaboration and the consistently high-quality materials that meet our requirements.

Svetlana Novikova

Founder, Luxstroy A

I am thoroughly impressed with Indeso’s services, particularly Tatyana Kovpak’s dedication. She responded to my emails and requests promptly and professionally, and went above and beyond in promoting our company. Special thanks to Tatyana for her professionalism, friendliness, and commitment to achieving the best possible results. I highly recommend Indeso and am confident that the team’s devotion to every client’s success will be a great advantage for all of their customers.

Oksana Scott

Founder and director of a trading company in Singapore

In the first quarter of 2022, Singapore Pte Ltd partnered with Indeso for market analysis and research to support their wholesale alcohol and wine business in Singapore and the Asia-Pacific region. The work was of high quality, highly useful, and delivered on time — completed in under two weeks. Tatyana effectively presented all key market metrics, competitor insights, and situational trends, and provided an in-depth consultation on the next steps for business growth based on her expertise. I strongly recommend her — working with Tatyana turns the process into a smooth and enjoyable experience.

Contacts

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    Frequently asked questions

    How can market research help my business succeed in Belgium?

    Market research provides deep insights into customer preferences, competitors, regulations, and local demand. This information helps you adapt your products, set competitive pricing, and design an effective market entry strategy that minimizes risks.

    What specific insights can I gain from research services for starting a business in Belgium?

    Research services for starting a business in Belgium provide detailed information on market trends, target audience preferences, competitor strategies, legal and regulatory requirements, and regional opportunities. These insights allow you to tailor your product or service, optimize marketing strategies, and minimize risks when entering the Belgian market.

    Why should I consider expanding my business to Belgium?

    Belgium is strategically located in the heart of Europe, offering easy access to major EU markets like France, Germany, and the Netherlands. It has a highly skilled multilingual workforce, strong logistics infrastructure, and a stable business climate that attracts international companies.

    What industries have the strongest potential in Belgium?

    High-growth sectors include biotechnology, renewable energy, logistics, IT, food processing, and advanced manufacturing. Belgium also has a thriving startup ecosystem supported by government incentives and EU funding.

    What are the main challenges foreign companies face in Belgium?

    Complex regional differences (Flanders, Wallonia, and Brussels each have distinct languages and regulations)
    High labor costs compared to some EU neighbors
    Navigating tax regulations and bureaucracy without local guidance
    Our team helps you overcome these challenges with localized research and strategic advice.

    How does Indeso conduct market research in Belgium?

    We combine qualitative and quantitative methods, including:
    Competitor and industry analysis
    Consumer surveys and focus groups
    Expert interviews and field research
    Analysis of regulatory and economic data
    This ensures reliable, data-driven insights for your business decisions.

    What legal or regulatory aspects should I be aware of?

    Foreign companies must comply with EU and Belgian regulations, including company registration, taxation, labor laws, and product standards. Our consultants guide you through all compliance steps to ensure a smooth and lawful market entry.

    Why choose Indeso for market research and business consulting in Belgium?

    Our team has 10–20 years of international consulting experience, combining global perspective with deep local insights. We help businesses make informed decisions, minimize risks, and achieve sustainable growth in the Belgian market.

    Does Indeso offer support after market entry?

    Yes. We offer ongoing consulting, performance analysis, and strategy optimization to help you adapt to changes in the Belgian market and expand your business effectively.

    Markets we study

    UAE

    UAE

    We will assess the demand for your product in the UAE market, select the emirate with the most favorable conditions for your niche, and develop a unique positioning strategy for your products and services.

    USA

    USA

    We will select the state with the most favorable conditions for your business niche, analyze competitors, help you differentiate from them, and study the consumer behavior of your target audience in the USA.

    Brazil

    Brazil

    We provide in-depth analysis of the Brazilian market, identify the characteristics of your target audience, and develop an effective strategy to promote your products in Brazil.

    Belgium

    Belgium

    We will study the Belgian market and gather information to help your business grow successfully. You will receive an accurate business plan, a market entry strategy, and recommendations for promoting your business in Belgium.