Incorporation of a company: making choices and dealing with administration
When you have decided to develop your professional activities through a company, you must first incorporate a company. Our firm has extensive expertise in corporate law and can therefore assist you in establishing a company. In order to do so, you will have to complete a number of formalities, such as drawing up a financial plan, applying for a bank certificate as proof that the share capital has been paid, drawing up the articles of association and drawing up, registering and publishing the founding act. Of course, we can also advise you on the advantages and disadvantages of the different types of company for your specific activities. In our blog you will find some practical tips for the incorporation of a company: Praktische tips voor het oprichten van een onderneming.
Corporate law reform: everything new means everything better?
When establishing your company, you should also consider the fact that corporate law has been thoroughly reformed in 2019. As the types of company have been revised, this reform has obviously a major impact on your choice of company form. The reform has also an impact on existing companies, since the liquidation procedure and the dispute procedure between shareholders has been reformed, among other things. More information on the reform of Belgian company law can be found in our blog:
The shareholders agreement: playground for shareholders
Once the company has been established, the shareholders can make mutual agreements by means of a shareholders agreement. In the shareholders agreement, the shareholders (also referred to as partners) can make agreements about the distribution of profits, the transfer of shares (approval clause, pre-emption right, inalienability clause), the voting rights, etc. As a shareholder, a shareholders’ agreement enables you to avoid potential conflicts, such as an undesired transfer of shares or exclusion, in advance. After all, it is better to be safe than sorry. In order to draw up a conclusive shareholders agreement, you can call on our specialized lawyers.