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Belgium

Please see below for a summary of payment terms in Belgium and the various industries across which payment term legislation appears. You can also download a summary of all Belgian payment terms by clicking the button below.

Please click here to view payment terms for the European Union.
Industries Laws Codes Notes
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

LAWS

The Law of 2 August 2002 on Combating Late Payment in Commercial Transactions enacts the EU Late Payment Directive (see European Union for details). Additionally amendments set a strict maximum term of 60 days where the creditor is an SME and the debtor is not an SME.

  • Government
  • Comm_terms_law
  • Construction
  • Manufacturing
  • Retail_agriculture
  • Services
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The Law of 28 November 2021 implementing Directive (EU) 2019/633 of the European Parliament, enacts the EU UTP directive in Belgium (see European Union for details).

  • Comm_terms_law
  • Retail_agriculture
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CODES

The Supply Chain Initiative in Belgium is connected with the European Supply Chain Initiative aimed at the agriculture and food sector and provides a code of conduct and dispute resolution mechanism.

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