Creation of an electronic database accessible to the public on judgments and decisions
The Law amending the Code of Criminal Investigation and the Judicial Code with regard to the publication of judgments and rulings was published on 16 May 2019. The main innovation: the creation of an electronic database of judgments and court decisions accessible to the public. Namely that the data allowing the identification of the parties involved in the case will [...]
Entry into force of the new Code of Companies and Associations
On 30 April 2019, the Royal Decree of 29 April 2019 implementing the Companies and Associations Code was published in the Belgian Official Gazette. The new code, composed of 9 books and written in the spirit of simplifying the corporate landscape, came into force on 1 May 2019 and applies immediately to new legal entities from that date. For existing [...]
« Airbnb » is an information society service
Following a complaint against X, the Paris Public Prosecutor's Office issued an introductory indictment for violations of French law regulating the practice of real estate professionals ("Hoguet" law). The French investigating judge referred questions to the ECJ for a preliminary ruling as to whether the services provided in France by Airbnb Ireland, via an electronic platform operated from Ireland, [...]
The Council of the European Union approves the new European Regulation promoting fairness and transparency for companies using online platforms
On 14 June 2019, the EU Council approved the new European Regulation promoting fairness and transparency for companies using online intermediation services. The new Regulation starts from two main observations. First, some online platforms enjoy greater bargaining power, which can lead them to behave unfairly towards companies that depend on them for access to new business opportunities. Secondly, consumers often [...]
Renewable energy directive (2018/2001/EU)
On 4 December 2018 the revised renewable energy directive 2018/2001/EU entered into force, as part of the general Clean energy for all Europeans package. Hereby the EU adopted one of the most ambitious renewable energy policies in the world aimed at keeping the EU a global leader in renewable energy sources and help the EU meets its GHG (greenhouse gas) [...]
UBO – Ultimate Beneficial Ownership
You, as a Belgian company/non-profit association, had until 30 September 2019 to register you ultimate beneficial owners (UBO’s) in the UBO register. There will be no further extensions, but the administration will apply a tolerance policy until 31 December 2019, during which time no sanctions will be applied. The UBO register is the electronic register managed by the FPS Finance. [...]
Second chance for entrepreneurs: new rules on corporate insolvency
On 6 June 2019, the European Council approved the Directive on preventive restructuring systems, debt cancellation and professional prohibitions, as well as measures to improve the efficiency of restructuring, insolvency and debt cancellation proceedings. The general objective of the Directive is to contribute to the proper functioning of the internal market and to remove obstacles to the exercise of fundamental [...]
Creation of an electronic database accessible to the public on judgments and decisions
The Law amending the Code of Criminal Investigation and the Judicial Code with regard to the publication of judgments and rulings was published on 16 May 2019. The main innovation: the creation of an electronic database of judgments and court decisions accessible to the public. Namely that the data allowing the identification of the parties involved in the case will [...]
Parliament approves a Bill on the capacity remuneration mechanism (CRM)
On 4 April 2019, the Belgian Parliament approved a Bill on the capacity remuneration mechanism (CRM). The CRM complements the existing energy markets and ensures that sufficient capacity is available to secure the supply of electricity. This mechanism also meets the concerns of Belgian companies with the imminent nuclear phase-out by 2025. After all, a lot of people are wondering: [...]
The (new) Belgian Code of Companies and Associations
29.03.2019 By Bert D'hondt After a long road she is finally there! On 28 February 2019, the Belgian Chamber of Representatives decided to approve the new Companies and Associations Code (hereafter also the CAC). The ultimate goal of this new CAC is - following the example of our neighbouring countries - to make Belgium more attractive, more competitive and more [...]
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