On July 22, 2010, an European directive[1] to enable electronic invoicing was adopted. In 2012, this directive has been transposed in Belgian legislation by means of the “Wet tot wijziging van de belasting over de toegevoegde waarde”[2]. (known as the “Wetboek belasting over de toegevoegde waarde”, which translates to Value Added Tax Code hereafter referred […]
The General Data Protection Regulation (GDPR) came into force across the European Union on May 25th 2018. It applies to all businesses and public sector bodies that access, use or […]
Read moreA centralized register of ultimate beneficial owners, called “UBO Register”, has been created under the Federal Public Service Finance (a.k.a. the tax administration). As from 31 October 2018, all companies, trusts, foundations and non-profit organizations have the obligation to keep an accurate and up-to-date information on all their beneficial owners(shareholders, holders of voting rights,…) and the individuals […]
On the 17th of June 2011, the United Kingdom received a letter of formal notice from the European Commission, which stated that the practice of the United Kingdom, to authorise the use of marked gas oil as fuel for the propulsion of private pleasure craft, subject to the owner of the craft concerned making a […]
In his new book, Kegels & Co Partner Dirk Noels examines the different aspects of the legal position under Belgian law of the freight forwarder, the customs representative, the ship’s agent, the ship’s broker, the stevedore/nation and the ship and cargo consignor. It is an in-depth legal analysis, supported and substantiated by an enormous […]
In a recent milestone judgment, the Belgian Constitutional Court has ruled that a termination clause validly entered into with a ‘high-earning’ employee before 1 January 2014 must be taken into account when calculating ‘step 1’ of the notice period (i.e. the part relating to the seniority until 31/12/2013). With its judgment, the Court has settled […]
Joint ventures can be an efficient and effective way to access new markets, develop new products or explore new industries. They can be operational in nature, or passive if they […]
Read moreThe VAT fines scheme will undergo a facelift. For certain first infractions in good faith the fines will as from now automatically be waived. To make this possible, the VAT authorities have modified their internal instruction. The VAT Code and Royal Decrees will not be amended. First infraction? Fine automatically waived In case of a […]
1.- Last August 24th, the law of 30th July on the protection of trade secrets entered into force. This law transposes into Belgian Law the directive (EU) 2016/943 of the European parliament and of the council of 8 June 2016 on the protection of undisclosed know-how and business information (trade secrets) against their unlawful acquisition. […]
In the Anglo Saxon legal world, the idea of insuring against warranties and indemnities in an acquisition or divestiture is not new, although its frequent use as an integral part […]
Read moreIR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Anthony Bochon of Everest Law. Anthony has joined IR as our exclusive Competition Law Member in Belgium. Everest is a law firm specialised in legal services for businesses and corporations. Everest is comprised of a team of lawyers, each highly specialised […]
Fintech is a relatively new concept that encompasses a whole variety of businesses also beneath the broader umbrella of financial services. The term generally incorporates any use of technology to […]
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