The majority of the voting rights of audit firms must be held by audit firms or licensed auditors. Auditor license is subject to EU nationality; however, nationals of third countries and audit firms with their registered office in a third country can be granted a license on the basis of reciprocity.
"Section 2. - Granting of the status of statutory auditor, registration and registration
Art. 5.
§ 1. By virtue of the delegation referred to in Article 41 and in accordance with the terms and conditions provided for in this Article, the status of statutory auditor is granted by the Institute to any natural person who requests it and who meets the following conditions:
1 ° be a national of a Member State and have an establishment, in a Member State, or have an establishment in Belgium;
[...]
Art. 6.
§ 1. By virtue of the delegation referred to in article 41 and in accordance with the procedures provided for in this article, the status of statutory auditor is granted by the Institute to any legal person or other entity, whatever its legal form, having its registered office in a Member State, which fulfills the following conditions:
1 ° the natural persons who carry out the statutory audit of accounts on behalf of this legal person or entity have the capacity of statutory auditor;
2 ° the majority of the voting rights of this legal person or entity are held by audit firms, statutory auditors and / or company auditors;
3 ° a majority of the members of the management body of this legal person or entity is made up of audit firms, statutory auditors and / or company auditors.
[...]
Art. 7.
§ 1. By virtue of the delegation referred to in Article 41 and in accordance with the procedures provided for in this article, the status of statutory auditor is granted by the Institute to natural persons from third countries when they meet the following conditions:
1 ° be a national of a State which grants statutory auditors in its territory the benefit of reciprocity with regard to the conditions of access to the profession;[...]
4 ° undertake to have an establishment in Belgium where professional activities will be effectively carried out and where deeds, documents and correspondence relating thereto will be kept;
 [...]
Art. 8 By virtue of the delegation referred to in Article 41 and in accordance with the procedures provided for in this article, the status of statutory auditor is granted by the Institute to entities governed by the law of third countries, other than a natural person, when they meet the following conditions:
1 ° all partners, as well as managers and administrators, must be authorized in the State where they have their main establishment to exercise the statutory audit of accounts; if a partner is a legal person, the same condition applies to the partners of the latter;
2 ° have their registered office and their main establishment in a State which grants statutory auditors the benefit of reciprocity in its territory with regard to access to the profession;
3 ° be incorporated in a form, under a statute and under conditions comparable to those which allow statutory auditors to associate in Belgium; For the exercise of its activities as a company auditor in Belgium, it undertakes to make itself known by a company name which can only include the name of one or more associated natural persons, managers or directors or the name of 'one or more natural persons having had the quality of partner;
4 ° at least one director or manager is an auditor and is responsible for the management of an establishment in Belgium; in the case of a plurality of persons responsible for this management, the majority of these are company auditors;
5 ° all partners, administrators and managers who habitually exercise a professional activity in Belgium are statutory auditors;
6 ° undertake to have an establishment in Belgium where professional activities will be effectively carried out and where deeds, documents and correspondence relating thereto will be kept;[...]" (Law on the organization of the profession and public supervision of company auditors (2016011493, 13-12-2016), last amended 11-07-2022, Articles 5-8 [google translation])
Law on the organization of the profession and public supervision of company auditors (2016011493, 7-12-2016), entry into force 31-12-2016, Articles 5-8
[<a href="http://www.ejustice.just.fgov.be/eli/loi/2016/12/07/2016011493/justel">Law</a>]