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Wallonia Investments

Investment allowance for large companies: waiting for new development zones

The Walloon Region can grant a premium to large companies of up to 10% of the amount invested for investment projects in Wallonia. The amount of aid varies according to the size of the company, its location, the creation of new jobs, the interest of the activity, the quality of the employment, etc.


Aid to large enterprises may be granted a. only in development areas, and b. only for investment in a new economic activity in the region concerned.


Investment in a new activity is defined as follows:

  • Any investment in tangible and intangible assets relating to the creation of an establishment or the diversification of the activity of an establishment, provided that the new activity is not identical or similar to the activity previously carried out in the establishment.

  • The acquisition of assets belonging to an establishment that has closed or would have closed without the acquisition, and that is bought by an investor unrelated to the seller, provided that the new activity carried out with the acquired assets is not identical or similar to the activity carried out in the establishment before the acquisition.

Similar activity is defined as any activity falling within the same category (4-digit code) of the NACE nomenclature.

The new map of development areas for the period 2022-2027 is not yet approved by Europe. This has consequences mainly for large companies which, since 1 January 2022, can no longer (temporarily) benefit from the tax support measure for assisted areas.

These companies must now wait for Europe to approve the new regional state aid map for Belgium for the period 2022-2027.

If you have any further questions, please do not hesitate to contact us.

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Since 1994, Deucalion has been assisting Belgian companies in their relations with the Flemish, Walloon, Brussels and European authorities. Our clients often carry out investment projects, or projects with an innovative or ecological character, and they are looking for support from the authorities. As a privileged partner, Deucalion makes sure that the communication between the company and the authorities runs smoothly.


More specifically, Deucalion has been the Belgian market leader for 25 years in subsidy advice, where it mediates for large, medium-sized and small companies in the Flemish, Walloon and Brussels-Capital Regions. This means that Deucalion can also develop the following activities for your company:(...)