The new Code of Companies and Associations (CCA) came into force on 1 May 2019 in order to replace the old Belgian Code of Companies. New companies established after 1 May 2019 have immediately been subject to the CCA. As of 1 January 2020, the mandatory provisions of the CCA have also been applicable to existing companies, which need to align their articles of association with the CCA by 31 December 2023.
Among other things, the CCA will modify the corporate governance rules of Belgian companies. In this white paper, you will find the mandatory provisions as well as the new opportunities provided by the CCA.