Le nouveau Code des sociétés et des associations (CSA) a ouvert des portes en matière de gouvernance des sociétés à responsabilité limitée.
In these times of uncertainty, parties are increasingly stipulating more conditions in transaction documentation. Conditions subsequent have the opposite effect of conditions precedent.
The current M&A market - except for some hard-hit sectors - is bullish with a strong sellers’ market. There’s certainly an impressive uptick in dealmaking, with soaring multiples, increasingly large deals, omnipresent PE firms and the emergence of SPACs
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.
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.
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
Krachtens het koninklijk besluit van 23 september 2020 moeten de entiteiten die verplicht zijn hun uiteindelijke begunstigden (Ultimate Beneficial Owners - UBOs) te registreren, op het UBO-platform elk document uploaden
The Law of 12 July 2021 introduces two novelties regarding the use of digital instruments in the Belgian legal landscape.
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.
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.
