Corporate law


Steering from the backseat

Steering from the backseat
01/10/2021

Investors who wish to control a company usually do so by exerting their authority over the directors whom the general meeting (GM) appointed upon the investors’ proposal.

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Belgian Ultimate Beneficial Owner Register: deadline for uploading supporting documents expires August 31, 2021

Belgian Ultimate Beneficial Owner Register: deadline for uploading supporting documents expires August 31, 2021
26/08/2021

All Belgian companies, foundations, non-profit organizations, fiduciaries and trusts must submit information about their ultimate beneficial owners to the Ultimate Beneficial Owners (UBO) register. In addition, reporting entities are now required to upload proof that the information on the UBO register is adequate, accurate and up-to-date.

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UBO Register: Reminder of the formalities to be completed before 31 August 2021

UBO Register: Reminder of the formalities to be completed before 31 August 2021
23/08/2021

The Royal Decree on the operating modalities of the UBO register (amended on 23 September 2020) requires information providers (i.e. companies, associations, foundations, trusts, etc.) to confirm annually the accuracy of the information

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Mr. Peter De Ryck
Mr. Luc Germonpré

UBO - La deadline pour l’enregistrement des informations supplémentaires approche
17/08/2021

En vertu de l'arrêté royal du 23 septembre 2020, les entités tenues d'enregistrer leurs bénéficiaires effectifs (Ultimate Beneficial Owners - UBOs) ont désormais l’obligation de télécharger sur la plateforme UBO tout document démontrant que les informations enregistrées sont adéquates,

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Mr. Peter De Ryck

The Digital Incorporation and Mandate Registration of Legal Entities
04/08/2021

The Law of 12 July 2021 introduces two novelties regarding the use of digital instruments in the Belgian legal landscape. 

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Kan een AGB de fiscale voordelen van een “kleine vennootschap” genieten?

Kan een AGB de fiscale voordelen van een “kleine vennootschap” genieten?
03/08/2021

Kleine vennootschappen genieten in de vennootschapsbelasting enkele fiscale voordelen. Hoewel talrijke autonome gemeentebedrijven voldoen aan de materiële voorwaarden om als “klein“ te worden aangemerkt, lijkt de fiscus nu deze voordelen aan autonome gemeentebedrijven te ontzeggen louter omdat ze geen “vennootschap” zijn in de zin van het WVV. Een discriminerende én concurrentieverstorende interpretatie.

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Silence isn't always golden for buyers in M&A deals

Silence isn't always golden for buyers in M&A deals
09/07/2021

M&A transactions are all about risk allocation between the buyer and the seller. Pro-sandbagging and anti-sandbagging clauses can seriously impact this risk allocation, so parties should negotiate and draft these carefully.

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Corporate Governance et durabilité - tendances et développements

Corporate Governance et durabilité - tendances et développements
28/06/2021

In ons land voorziet De Corporate Governance Code in bindende regels voor het bestuur van beursgenoteerde vennootschappen. Hiermee wenst men de transparantie van de financiële en structurele informatie naar de aandeelhouders toe te waarborgen

 

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SPACs or Special Purpose Acquisition Companies - a Belgian perspective

SPACs or Special Purpose Acquisition Companies - a Belgian perspective
04/06/2021

In recent years, Special Purpose Acquisition Companies or “SPACs” have gained tremendous popularity in the United States. In 2020 alone, one hundred SPACs accounted for approximately $80 billion in US public fundraising.

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The Plessers saga has come to an end – Is this a breakthrough in the reform of the reorganisation procedure?

The Plessers saga has come to an end – Is this a breakthrough in the reform of the reorganisation procedure?
27/04/2021

The reorganisation procedure aims to provide an opportunity for undertakings facing financial difficulties to continue their business and activities and is governed by the provisions in book XX of the Belgian Economic Law Code (“ELC”)

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