Changes to the Company Code and the Income Tax Code that Will Impact Your Private Equity Business
On 21 November 2017, we will organise a seminar for our Private Equity clients on the changes to the Company Code and the Income Tax Code that will impact Private Equity.
You are most likely aware that the Belgian Parliament is preparing a new Company Code. NautaDutilh has been closely involved in the preparatory works for this revolutionary legislation.
On this occasion, Dirk Van Gerven and Elke Janssens (Corporate M&A and Private Equity Partners) will present the most important consequences of the proposed changes for the PE sector.
These changes relate to the following topics, amongst others:
- amendment of the articles of association;
- the civil law entity without required capital;
- put options at a fixed strike price;
- the possibility of a capital increase with shares below par value;
- removal of directors in a public limited company;
- rules on director's liability;
- the payment of dividends and the exercise of voting rights.
Last but not least, Ken Lioen, who heads our Tax Department, will brief you on the tax consequences of the federal government's 2017 summer agreement. Capital gains on the sale of shareholdings will now be taxed in the hands of the shareholder if the latter does not own at least 10% of the distributing company or if the acquisition value was below EUR 2.5 million. It should be noted that this tax is only applicable to corporate shareholders, not natural persons.
12:00 - 12:15
12:15 - 14:00
Lunch, presentations, Q&A
End of seminar
In case you are interested in this event you, can enlist by sending an e-mail to Evy Van Den Block at firstname.lastname@example.org. As places are limited, we kindly request you to confirm your attendance by 10 November 2017.