Privacy Policy

As an accounting firm, we are responsible for processing a significant amount of data. Some of this data concerns personal information, and in this regard, we inform you as follows.

The firm collects and processes identity and contact details received from the client, relating to the client themselves, their family members, employees, associates, appointees, and business relations (such as suppliers or customers of the client), as well as any other useful contact persons. These personal data are processed by the firm in accordance with Belgian data protection laws and the provisions of Regulation 2016/679 of April 27, 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, applicable since May 25, 2018 (hereinafter “General Data Protection Regulation” or GDPR).

The client is responsible for the accuracy and updating of the personal data they provide to the firm and undertakes to strictly comply with the provisions of the GDPR concerning the persons whose data they have shared. The client is also responsible for all personal data they may receive from their own customers, staff, associates, and appointees.

The client acknowledges having read the information below and authorizes the firm to process the personal data provided within the framework of the services delivered by the firm, in accordance with this privacy policy.

1. Data Controller

The data controller is ACCRYPTAX BV, headquartered at Michel De Braeystraat 52 – 2000 Antwerpen, Belgium (company number 1021.594.892).

The controller is registered with the Institute for Tax Advisors & Accountants under registration number 53.436.690.

For any questions regarding data protection, you can contact ACCRYPTAX BV by mail at the address above or by email at info@accryptax.xyz

2. Purpose of Personal Data Processing

2.1 Processing Scope

Only data relevant to the intended purpose are processed. Processing includes any operation performed on personal data (manual or automated).

Data may only be shared with subcontractors, recipients, and/or third parties as necessary to fulfil the purposes below.

2.2 General Purposes

2.2.1 Anti-Money Laundering (AML) Act of September 18, 2017

Under Article 26, our firm must collect: name, first name, date and place of birth, and if possible, the address of clients and their legal representatives.

For beneficial owners: name, first name, and, where possible, date/place of birth and address.

This is a legal requirement; without these details, we cannot enter into a business relationship (Article 33 of the AML Act).

2.2.2 Legal and Regulatory Obligations

The firm is required to process data for obligations imposed by Belgian and international authorities, judicial decisions, and lawful interests, including tax and social security regulations (e.g., VAT listings, tax slips).

2.2.3 Execution of Contractual Services

The data processed relate to clients, their employees, managers, and other stakeholders (e.g., suppliers/customers). Without this data, the firm cannot properly perform its accounting and tax duties.

2.2.4 Direct Marketing Activities

This includes newsletters or promotional information. Clients may unsubscribe at any time by emailing info@accryptax.xyz

2.3 Specific Use Cases

  • Initiate and manage the client relationship;
  • Analyze, adapt, and improve the firm’s website;
  • Perform services;
  • Enable the client to receive messages/information;
  • Respond to inquiries;
  • Communicate updates and changes;
  • Any other purpose explicitly authorized by the client.

2.4 Legal Basis for Processing

  • (i) Consent of the client (revocable at any time without affecting prior processing);
  • (ii) Necessary to fulfil the client’s request or execute a contract;
  • (iii) Legal obligation (e.g., taxes, accounting, AML);
  • (iv) Legitimate interest (e.g., communication, fraud prevention, legal defense, service improvement), always balanced against client rights.

3. Data Categories and Sources

3.1 Data Provided by the Client

  • Identification data (name, marital status, birth date, address, occupation, national ID, company number);
  • Biometric data (e.g., copy of ID or passport);
  • Banking info (IBAN, BIC/SWIFT);
  • Invoices, communications;
  • Personal tax data (e.g., children, union membership, medical info);
  • Other necessary personal data.

3.2 Data Provided by the Client About Others

Employees, directors, customers, suppliers.

3.3 Data Not Provided by the Client

  • Public sources (e.g., Belgian Official Gazette, National Bank of Belgium);
  • Other entities involved in a case;
  • Authorities, bailiffs, notaries;
  • Tax and social administrations.

4. Data Recipients

4.1 Disclosure to Authorities or Third Parties

Data may be disclosed to legally authorized authorities, or in good faith if necessary to comply with laws or protect the rights of the firm, clients, or third parties.

4.2 Disclosure to Third-Party Providers

Includes:

  • E-accounting software and portals;
  • External professionals (auditors, notaries).

Data shared with these parties will only be what is necessary, and they may not share it further unless required by law or regulation (e.g., for AML compliance).

4.3 Transfers Outside the EEA

Data will only be transferred to countries offering adequate protection or where legal safeguards are in place (e.g., contractual clauses).

5. Newsletter

If you subscribe to our newsletter through this website, we process your email address, the date and time of your subscription, and the page from which you subscribed.

Purpose. We use these data solely to send you our newsletter on crypto accounting, Belgian taxation and digital-asset reporting. We do not use your email address for any other purpose. We do not sell or rent it, and we do not share it for marketing by third parties.

Legal basis. Your consent, within the meaning of Article 6(1)(a) GDPR. You give that consent in two steps. First, you tick the consent box on the subscription form. Second, you confirm your subscription by clicking the link in the confirmation email we send you. We only add you to our mailing list once you have completed that second step.

Record of consent. We keep a record of each subscription, consisting of the email address, the moment of subscription and the moment of confirmation, so that we are able to demonstrate that consent was given.

Processor. Our newsletter is sent through Kit, which acts as our processor and stores the subscriber list on our behalf under the data processing addendum incorporated in Kit’s privacy policy. Kit is established in the United States. Transfers of personal data to Kit take place on the basis of the EU-U.S. Data Privacy Framework and, where applicable, the European Commission’s Standard Contractual Clauses.

Withdrawing your consent. You can unsubscribe at any time and without giving a reason, using the unsubscribe link at the bottom of every newsletter, or by writing to info@accryptax.xyz. Withdrawing your consent does not affect the lawfulness of the processing carried out before you withdrew it.

Retention and opt-out list. We keep your email address for as long as you remain subscribed. When you unsubscribe, we stop using your address for the newsletter immediately. We do not delete it straight away: we keep it on an opt-out list for two years after your unsubscription, so that we can demonstrate that we acted on your request and so that you are not contacted again by mistake if we later import a contact list. After that period we delete your address. If you would prefer your address to be erased immediately, write to info@accryptax.xyz and we will assess your request under Article 17 GDPR.

Your rights. The rights set out elsewhere in this policy – access, rectification, erasure, restriction, objection and portability – apply equally to the data we process for the newsletter.

6. Security Measures

The firm has taken appropriate technical and organizational measures to:

  • Prevent unauthorized access, misuse, alteration, destruction, or accidental loss;
  • Enforce strict confidentiality for staff and contractors.

The firm cannot be held liable for data theft or misuse by third parties despite these safeguards.

7. Retention Periods

7.1 AML Data

Stored up to 10 years after the end of the business relationship or from the date of a one-off transaction (per Article 60 AML Act).

7.2 Newsletter Data

Kept for as long as your subscription lasts and, after you unsubscribe, for two years on our opt-out list. See section 5 for the full explanation.

7.3 Other Data

Retained per relevant accounting, tax, or social law timeframes. Data may be kept longer if legally required or during active legal disputes.
After the retention period, data will be erased unless otherwise required by law.

8. Data Subject Rights

8.1 General Rights

Subject to exceptions in 8.2, clients have:

  • Right to information;
  • Right of access;
  • Right to object;
  • Right to rectification;
  • Right to restrict processing;
  • Right to erasure (“right to be forgotten”), with exceptions;
  • Right to data portability;
  • Right to lodge a complaint.

Requests must be in writing and accompanied by ID (email: info@accryptax.xyz or by mail).

8.2 Exceptions (AML Data)

Under Article 65 AML Act:
Clients do not have the rights of access, rectification, erasure, portability, objection, profiling, or breach notification regarding data processed under AML obligations.

In such cases, access requests must be directed to the Data Protection Authority, which may verify the data lawfulness without disclosing sensitive information.

9. Complaints

You may file a complaint with the Belgian Data Protection Authority:

Drukpersstraat 35, 1000 Brussels 
Tel: +32 (0)2 274 48 00
 Fax: +32 (0)2 274 48 35
 Email: contact@apd-gba.be
 Website: gegevensbeschermingsautoriteit.be

10. Updates to the Privacy Policy

This policy may be updated. Clients will be notified via the firm’s website or email of any changes, especially those related to new legislation, guidance from data protection authorities, or court decisions.