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LexGO offers a wealth of information on legal topics. Each day we publish several articles written by legal and tax specialists from law firms, notaries offices, the legal departments from payroll agencies and tax consultants. It is the perfect way for lawyers at the Bar, in-house counsel, barristers, solicitors, notaries, bailiffs, paralegals and any other legal professional with an interest in Belgian and European law to keep informed of new legislative initiatives, case law, legal doctrine and all other legal developments on the Belgian legal scene!

Articles


New Belgian Rules on Financial Assistance

New Belgian Rules on Financial Assistance
26/10/2009

The Royal Decree of 8 October 2008 amending the Belgian Companies Code (“BCC”) has amended the rules on financial assistance. The new rules entered into force on 1 January 2009. The Royal Decree implements European Directive 2006/68/EC amending the Second Company Law Directive.

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Mr. Lieven Monserez
Mr. Nicolaas Vermandel

The 2010-2011 budget and its impact on employment and social security
19/10/2009

Last week, the Belgian government reached an agreement on the 2010-2011 federal budget. The most important social security and employment law measures that will be taken in order to reach the targets set by the government can be summarised as follows...

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Mr. JĂĽrgen Egger
Ms. Silvia Van Dyck

Cash payments: Limits set by anti money-laundering Law
15/10/2009

In the current economic climate, suppliers ask to be paid in cash more and more often. Also, certain credit insurers are tightening their limits of coverage using even tougher solvency criteria , consequently stimulating the demand for payment in cash by the suppliers (c.f. De Tijd, 14 August 2009). In these circumstances, it is pertinent to draw attention to the rules related to cash payments maintained by anti money-laundering legislation.

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Mr. Lieven Monserez
 Bert Croimans
Mrs. Ine Joosten

Unfair recruitment policies under Court scrutiny
08/10/2009

A company manager recently stated in a number of interviews that he could not hire certain candidates of foreign origin due to the reluctance of some customers to let a foreign worker into their homes. This has lead to a complaint from the Centre of Equal Opportunities and Fight against Racism.

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The 2009 Belgian Code on Corporate Governance: major amendments

The 2009 Belgian Code on Corporate Governance: major amendments
05/10/2009

On March 12, 2009, the second edition of the Belgian Code on Corporate Governance was published (the “2009 Code”), superseding and replacing the first edition, that was issued in 2004. The 2009 Code applies to companies incorporated in Belgium whose shares are admitted to trading on a regulated market.

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Audit committee required for Belgian listed companies and financial undertakings

Audit committee required for Belgian listed companies and financial undertakings
02/10/2009

As of 8 January 2009, Belgian listed companies and financial undertakings are required to have an audit committee. The Law of 17 December 2008 on the establishment of an audit committee in listed companies and financial undertakings (the “Law”) then enters into force. The Law implements the provisions of the European Statutory Audit Directive relating to the audit committee into Belgian law (Directive 2006/43/EG of 17 May 2006 on statutory audits of annual accounts and consolidated accounts.). Before 8 January 2009, the creation of an audit committee was only a recommendation under the Belgian Corporate Governance Code for Belgian listed companies.

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Publication Formalities for Belgian Branches of Foreign Companies

Publication Formalities for Belgian Branches of Foreign Companies
29/09/2009

A foreign company that opens a Belgian branch office must comply with certain publication requirements. However, all too often companies fail to comply with their obligations.

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Mr. Lieven Monserez
Mr. Geert Joosten

White-collar worker or blue-collar worker? Consult Wikipedia
14/09/2009

A blue collar worker mainly performs manual work whereas a white collar worker is deemed to perform essentially intellectual work. The difference between blue collar and white collar work is, however, not as clear-cut as it was 100 years ago.

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Porter plainte

Porter plainte
26/08/2009

Pratique déloyale en matière de construction

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Mrs. Annemie Douchy
Mr. Olivier Malisse
Mr. Nicolaas Vermandel

New European Regulation 883/2004 regarding the social security legislation applicable to workers moving within the EU
05/08/2009

The new Regulation (EC) N° 883/2004 of the European Parliament and the Council of 29 April 2004 on the coordination of social security schemes (hereafter ‘Regulation 883/2004’) is expected to be applied on 1 March 2010. This may have a significant impact on the social security situation of your mobile employees.

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