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Medical technology in Flanders

Flanders is a hotspot for the life sciences and health industries, and specifically for medical technology. Here’s why. 

A world-class medical technology ecosystem

Flanders is not only home to a variety of medical equipment manufacturers.  The region also boasts numerous organizations, institutes, infrastructures and companies active in research and development, as well as business incubation in the field of medical technology.

All the talent at hand

Flanders connects your business with top managers, scientists and technicians in medical technology. Apart from dedicated life sciences education tracks at its five universities, the region also enables access to:

  • the MBI Life Sciences & Health academy, an entrepreneurial training course available in both the Netherlands and Flanders;
  • life sciences internships at biotechnology SMEs, as part of the OPINNO program;
  • the Flanders Training Network Life Sciences (FTNLS) – a joint initiative of Flanders’ universities and the VIB life sciences institute;
  • a broad range of training programs at VIB for life sciences researchers that cover emerging research domains and technologies.

Specific incentives

Flanders offers various incentives that are particularly relevant to research-intensive sectors like the medtech industry. Examples include:

  • investment deduction for R&D – 13.5% of acquisition value/qualifying asset or 20.5% of the depreciated amount;
  • exemption of payment of 80% – of the personal income withholding tax of researchers in certain scientific fields;
  • innovation income deduction – up to 85% of a firm’s net earnings from innovation is tax exempt.

R&D tax incentives in Flanders

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