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In the course of 2023, the European Mobility Directive was transposed into Belgian law. As a result of this transposition, a number of new restructuring methods were introduced, including the simplified sister merger, the main features of which are explained below.
Until 1 January 2024, the erection of signboards in Flanders was still subject to rules dating from the 1930s and 1950s. As these rules were very outdated and not adapted to the various modern options, the Flemish Government definitively approved the Regional Publicity Regulation 2023 on 12 May 2023. This regulation has two substantive objectives: the promotion of good spatial planning and road safety. The regulation applies to all signboards put up from 1 January 2024 onwards. Existing signboards therefore remain subject to the old rules. What are the main changes under the new regulation? We will briefly go over them here.
Since 1 September 2023, stricter rules have applied to debt recovery, in order to protect consumers against unreasonably high interest rates and aggressive recovery practices. Companies with B2C activities therefore need to adapt their contractual conditions and recovery process to the new rules. We briefly list the changes.
The new regulations on the mandatory appointment of a confidant came into effect on 1 December 2023 .
A law was recently approved modifying the rules relating to the federal target group reduction for first recruitments from 2024. A target group reduction is a reduction in employer’s social security contributions. The restriction that has been introduced has two components.
As a result of digitisation, documents and contracts are increasingly being signed electronically. But what exactly is the legal status of these electronic signatures? Do they have the same value as the conventional pen-and-paper signature? In this contribution we take a look at the different types of electronic signature and their status in legal transactions.
During the health crisis in 2021 and 2022, the principle of recovery hours was introduced. The social partners have now reintroduced recovery hours for the period from July 2023 to June 2025. Below we briefly explain what these recovery hours entail.
The need for a bank account is obvious for most businesses. However, the proliferation of regulations to combat money laundering and fraud is leading to financial institutions being more cautious, requesting more information and ultimately often refusing to provide basic banking services.
When the Companies and Associations Code (CAC) was introduced, attempts were made to restrict the consequences as regards corporate tax as much as possible. This ‘tax neutrality’ has in general been achieved.
The new Companies and Associations Code (CAC) expressly states that directors cannot be bound by an employment contract with the company in that capacity. However, this does not mean that a director may never enter into an employment contract with the company at which he or she is a director.
Did you know that you can be a member of the administrative body in no more than one capacity?
The Federal and regional governments have recently adopted measures to combat the corona crisis (Covid-19 virus). Considering the extent of the crisis, a large number of businesses are at risk of financial difficulties. The various support measures should serve to mitigate its economic impact. The main federal and regional support measures are listed and explained below.
The new FAQ on the UBO register has been published on 2 April 2019, clarifying some previously unclear situations.
UBO-register: deadline postponed until 30 September!
The recently published Administrative Instructions for the third quarter of 2018 show that the NSSO provides an expanded interpretation of the concept of "wages" for the levying of social security contributions. The NSSO fills in the term 'at charge of the employer' more broadly. Advantages that are awarded by a third party, which is not the employer, directly to employees, without any intervention of the employer, can nevertheless be regarded by the NSSO as wages. Hereinafter we outline the terms "wages", "at charge of the employer" and the consequences of the extended interpretation.
On 16 October 2017, as you are doubtless aware, the new anti-money-laundering law came into force. The legislation provides a few obligations.