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煤炭企业

煤炭企业

On 28 February 2019, the new Belgian Companies Code was adopted by the Belgian Chamber of Representatives. The reform was initially launched by the Belgian Minister of Justice in order to serve three main objectives: simplifying the corporate regime, more flexibility and implementing various corporate reforms adopted at EU level.

To achieve these objectives, the lawmaker adopted several flagship modifications, such as abolishing various forms of existing companies, abolishing the concept of “share capital” in a private limited liability company (previously known as SPRL or BVBA) and converting mandatory rules into supplementary rules.

Before we explore the new regime in more detail, it is worth noting the deadlines set by the lawmaker by which Belgian businesses must comply with the regime.

The new Companies Code enters into force on 1 May 2019 for any entity 煤炭企业newly incorporated煤炭企业 after that date. For existing entities (i.e. companies incorporated before 1 May 2019), the effective date is 1 January 2020 for both mandatory and supplementary provisions, if, with respect to the latter, the bylaws do not provide otherwise.

It is however possible for a company 煤炭企业incorporated before 1 May 2019煤炭企业 to proactively decide to opt to apply the new Companies Code before 1 January 2020, by amending its bylaws.

Since there is no comprehensive list of the mandatory provisions (applicable from 1 January 2020), it is advisable to opt in early to avoid any confusion regarding which provision must or may apply from 1 January 2020.

An extra transitional period until 1 January 2024 is provided for 煤炭企业companies incorporated before 1 May 2019煤炭企业, in order to bring their bylaws into line with the new Companies Code.

However, from 1 January 2020, if a 煤炭企业company incorporated before 1 May 2019煤炭企业 takes whatever corporate decision before a notary (for instance, an increase in capital or other amendments to its bylaws), such company will have at the same time to amend its bylaws and align them with the new Companies Code.

As the new Companies Code is now effective, you can explore further the key amendments and their practical consequences via our 煤炭企业reform checklists煤炭企业 under the section “explore more” below.

煤炭企业

煤炭企业

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煤炭企业
27/04/2019
Een zaak starten? De bv wordt de nieuwe standaard
Art­icle in De Tijd
08 April 2019
Bel­gi­um passes code that re­forms co­oper­at­ives and ab­ol­ishes so­cial pur­pose...
On 28 Feb­ru­ary 2019, the Bel­gian par­lia­ment passed the Code on Com­pan­ies and As­so­ci­ations (CAC), which re­forms the defin­i­tion of a co­oper­at­ive (so­ciétés co­oper­at­ives, co­oper­atieve ven­nootschap­pen),...
煤炭企业
27/04/2019
SRL ou SA, com­ment choisir le stat­ut de ma so­ciété?
Art­icle in L'Echo
煤炭企业
27/04/2019
Voor welke fouten bent u aans­prakelijk?
Art­icle in De Tijd
煤炭企业
27/04/2019
Une re­sponsab­il­ité de facto il­lim­itée pour les ad­min­is­trat­eurs
Art­icle in L'Echo
煤炭企业
27/04/2019
Les 4 formes de so­ciété "pour les nuls"
Art­icle in L'Echo
煤炭企业
20/03/2019
Com­ment le nou­veau Code des so­ciétés va bousculer l'é­conomie belge
Art­icle in Trends Tend­ances
煤炭企业
13/03/2019
L'a­mendement de trop?
Art­icle in L'Echo
煤炭企业
25/10/2018
Naar re­delijke aans­prakelijkheid bedrijf­sleiders
Art­icle in De Tijd