The long-awaited Code of Companies and Associations will become a reality in 2019. Both existing and newly-established companies should begin preparing themselves.
The public limited liability company
Governance structure of a public limited liability company (NV/SA)
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.
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.