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ARTICLE · 23 SEPTEMBER 2019

Be Aware Special Newsflash 2019

The new Belgian Code of Companies and Associations (BCCA) entered into force on 1 May 2019 for companies incorporated after said date.

BelgiumCorporate/Commercial Law

New Belgian Code of Companies and Associations: some points of attention from an HR perspective

The new Belgian Code of Companies and Associations (BCCA) entered into force on 1 May 2019 for companies incorporated after said date.

For the existing companies at aforementioned date, the BCCA will enter into force as of 1 January 2020, unless they decide to voluntarily opt in to the rules before 1 January 2020. They moreover have the obligation to update their bylaws according to the terms of the BCCA prior to 1 January 2024. Our corporate colleagues have issued several newsletters concerning this important legal reform. We kindly refer to these newsletters if you would like to find out more about the BCCA.

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