This series provides more detailed insight into the reform of the Belgian Company Code, which is expected to be voted into law after the summer parliamentary recess. This ambitious reform will affect many businesses and is intended to render Belgian company law more flexible and attractive to Belgian and foreign investors. The reform will simplify and reduce the number of corporate forms and will also apply to Belgian non-profit associations and foundations.
On 4 July 2018, fifty-nine amendments to the bill on the new code of companies and associations were brought before Parliament. A large number of these amendments are technical in nature. The most important of the substantive amendments are briefly discussed below.
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