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The public limited liability company

The long-awaited Code of Companies and Associations will become a reality in 2019. Both existing and newly-established companies should begin preparing themselves.


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With the new Belgian Company Code the composition of the NV board is more flexible with the creation of 3 governance regimes: monistic governance, sole director and dual governance.


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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.


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The Belgian corporate landscape is about to get revamped with changes set to impact the legal, tax and accounting aspects of all Belgian legal entities.


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