Because of the economic impact that the current pandemic and the government measures relating to it are having on many Belgian companies, the government decided to introduce a number of temporary measures to safeguard the livelihoods of such companies and to support (temporary) liquidity problems resulting from the government measures. These measures were taken in…

The worldwide corona pandemic brings with it unseen scenes, also in the field of the implementation of (international) agreements. Many contracting parties invoke force majeure to justify their failure to fulfil their contractual obligations. However, to what extent is this also legally correct? Contractual framework vs. legislative framework First of all, it is important to…

A new decade traditionally comes with a new edition of the Incoterms. The main differences between the Incoterms 2010 and the new version of 2020 are discussed below. The Incoterms 2020 contain seven major changes compared to the Incoterms 2010. These cover: Bills of lading with an on-board notation and the FCA Incoterms rule; Costs,…

The new Belgian company law entails a large number of changes in the legal landscape. To what extent do these changes affect the liability of the shareholder? General principles The liability of the shareholder depends on the type of company. For example, there is unlimited joint and several liability on the part of the shareholder…

  On request of VOKA International, Mr. Theo Macours provided his assistance for the ‘Expert International’ program of VOKA, where experts share their international expertise with start-ups as well as with companies already in the acquisition or transition phase. For more information, the website of VOKA can be consulted: www.voka.be/expert-international. Scenario What is the importance of…

The way in which a foreign company can carry out its activities in Belgium can be organised in various different ways. There is a possibility to establish a subsidiary in Belgium, but a foreign company can also choose to establish a branch on Belgian soil. We will discuss both approaches below. Considerations regarding corporate law…

Yesterday Tuesday 4 December 2018 was an important day for everyone who has to do with cross-border transports: the transport ministers of the EU have reached an agreement concerning the approach of cross-border transports. The key elements are: Same pay for same work in the same place, but not for cross-border operations. The principle of…

Door nieuwe regelgeving zal het aantal vennootschapsvormen verminderen van 15 tot 4 basisvormen. Buiten deze zal de vzw nog blijven bestaan. De vier basisvennootschappen zullen de volgende zijn: de naamloze vennootschap (NV), de besloten vennootschap (BV), de coöperatieve vennootschap (CV) en de personenvennootschap (maatschap). Een ondernemer die op dit moment een vennootschap heeft die niet…

Legalis guides the set-up of THD in Belgium, with thanks to the headquarters in Reggio Emilia (www.thdlab.com).

Legalis guides the succesfull acquisition by Amesco of competitor Frantsen. Read more about it on: www.madeinlimburg.be/nieuws/amesco-breidt-groep-uit-met-overname/