Corporations
Published on 14 October 2019
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Details

Legal Personality Yes

Assets/Share Capital

Min. 61,500 EUR subscribed and released up to that amount.

Beyond this threshold, at least a quarter of the subscription price should be realeased.  Contributions in kind have to be released within 5 years following incorporation.

Clic here for more information.

 

Duration

Illimited unless otherwise provided

Incorporation Requirement

Deed

Notarial act

Seed Funding

Contribution in cash and in kind

 

Minimum number of shareholders

1

Financial Plan

YES

Securities

Types

All but the ones which are forebidden
Registered or dematerialized

Voting Rights

One share= one vote
If the share does not represent the capital proportionnally, voting rights are representative of the lowest share
Possibility to have double voting right per share for listed companies, under certain conditions

Transfers

Free except where otherwise decided

Liability

Shareholders

Proportionnate to the injected capital

Directors

Individual and joint liability

Decision Making

General Meeting

Residual powers

Board

Monist (collegial- min.3 if more than 2 shareholders )
Possibility to have one director
Dualist (Surveillance committee)
+Daily management

Representation

Collegial or individual
Daily managers

Suggested Reads

Legal Concept
Corporations

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