The new Belgian Company Code now explicitly states that directors must exercise their general duties with reasonable care, skill and diligence.
Dissolution and liquidation in one notary deed
The new BCC allows for the dissolution and liquidation of a company in one notary deed and makes some adjustments to the attendance requirement for the general meeting.
Reduction in the number of company forms
In light of the simplification of the corporate landscape, the Belgian Company Code (BCC) introduces a drastic reduction in the number of different company forms.
The (I)NPO and foundation: incorporation and publication
The new Belgian Company Code (BCC) has aligned the rules applicable to a non-profit organization and foundation to those applicable to companies.
Daily management: extended powers and applicability to the BV/SRL and CV/SC
The board of directors of a public limited liability company (NV/SA) has the possibility to delegate the daily management to one or more directors or to other persons.
The permanent representative of a director - legal entity
This article relates to the appointment of a permanent representative when a legal entity has been appointed as a member of a governing body of a company with legal personality.