FDI funds remain an asset for corporations.

The FDI deduction ensures that intercompany dividends are not taxed twice. But the conditions for investing directly in stocks while retaining the DBI deduction have tightened considerably in recent years.

Stricter rules for individual shares

Companies must meet three conditions: invest at least 10% of the shares or €2.5 million, hold the shares for one year, and demonstrate that the target company's profits have been taxed normally.

Moreover, as of tax year 2026, large companies must book an investment of €2.5 million as a financial fixed asset and demonstrate a durable economic link, something that is virtually impossible for listed shares.

Consequence: for most companies, investing directly in individual stocks no longer becomes workable.

Why the FDI bevek is becoming more attractive

A FDI Sicav offers a flexible and tax-efficient alternative:

• No minimum investment
• No 10% participation requirement
• No mandatory holding period
• Fund management ensures that investments meet FDI requirements.

This makes the dividend from the sicav eligible for FDI deduction, without the onerous restrictions of individual shares.

New rules for FDI beveks

• Companies must grant a minimum salary to a director: €45,000 in 2025, €50,000 from 2026.
• A capital gains tax of 5% applies when partial certificates are sold.
• A redemption by the fund does remain FDI-friendly.

What are the risks?

• FDI mutual funds invest in stocks. That usually means more fluctuations in the value of the fund, but also potentially better longer-term return prospects.
• Also keep in mind that these FDI beveks have no fixed return, no capital protection and no maturity date.

Conclusion

For companies seeking tax-efficient investments without large holdings or long-term commitments, the FDI Sicav is an attractive and practical tool. Value Square offers several FDI funds to meet this need.