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Reform of Belgian company law

Reform of Belgian company law

A reform of Belgian company law came into effect on 1 November. Here’s a quick overview of the changes. Firstly, company law is now incorporated into the Code of Economic Law. Secondly, the concepts of ‘commercial company’ and ‘non-commercial company’ have...

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Don’t forget the new UBO register!

Don’t forget the new UBO register!

The law of 18 September 2017 on the prevention of money laundering and terrorist financing and on the restriction of the use of cash provided for the creation of a register of ultimate beneficial owners or UBO register. As of 31 October 2018, companies,...

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Five days to get to grips with business transfers

Five days to get to grips with business transfers

With so many companies likely to be taken over in the near future (30% of Walloon firms  have bosses over the age of 55, for example), this is an issue that simply cannot be ignored. That's why Sowaccess (Walloon Company for SME Transfer and Takeover) is...

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