Dissolution and liquidation in one deed is also known as ‘turboliquidation’ because of its speed compared to the ordinary procedure. Where speed is one of the biggest advantages of turboliquidation, there is also a downside to it. A good consideration of the procedure to be used is therefore always important. Conditions of application Since the…
Following the Council Implementing Regulation (EU) 2018/1912 of 4 December 2018, four ‘quick fixes’ were introduced regarding the VAT legislation applicable to intra-Community trade. These ‘quick fixes’ are mainly aimed at clarifying and simplifying this legislation and will apply from 1 January 2020. Apart from a simplification with regard to so-called ‘call-off stocks’, the obligation…
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…
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…
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/
Legalis guides the succesfull liquidation of and by Ecostreal Switzerland in Belgium. With thanks for the cooperation to our Swiss partners of Küng Law. www.kueng-law.ch.