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last modified Oct 06, 2008 10:16 AM

Management committee members maintain self-employed status

by Ralph Lloyd-Davis — Oct 21, 2008 05:04 PM
30.05.08 | The board of directors of a limited company may delegate their leadership and representative role within a company to the management committee (MC)(Article 524 bis of the Company Code). Any physical or moral person- whether they are a director or not - may take part.

10 days of paid leave for parents of hospitalised children

by Ralph Lloyd-Davis — Oct 16, 2008 09:38 AM
18.04.08 | Parents, whose children are hospitalised, may in the future be entitled to 10 working days of paid leave per calendar year. That is at least the intention of a proposed bill that has been introduced in the Senate on 7 March 2008.

LIMOSA – New exemptions for business trips

by laga — Oct 16, 2008 12:10 PM
17.04.08 | The Royal Decree introducing new exemptions from the obligation to apply for a Limosa-declaration for certain categories of workers coming over to Belgium for short periods was published in the Belgian State Gazette on 13 September and entered into force with retro-active effect as of 1 April 2007.

Three new joint commissions created

by Ralph Lloyd-Davis — Oct 16, 2008 09:46 AM
20.03.08 | On 27 February 2008, the Belgian Official Journal published three Royal Decrees establishing three new joint commissions:

Transparency legislation: new thresholds and other notable changes

by Ralph Lloyd-Davis — Oct 21, 2008 05:11 PM
13.03.08 | The Law of 2 May 2007 on the notification of important shareholdings [1], implementing the European Transparency Directive [2] in Belgium introduces changes in the existing periodic and ongoing notification requirements [3] and modifies the supervisory role of the CBFA.

Thorough Review of the Social Report

by Ralph Lloyd-Davis — Oct 16, 2008 09:41 AM
10.03.08 | The social report is a key component of a company’s annual accounts. It must give an overview of how staffing has evolved during the fiscal year. For the first time in quite a while, a Royal Decree dated 10 February 2008 has thoroughly changed the social report content.

Social security agreement between India and Belgium

by Ralph Lloyd-Davis — Oct 16, 2008 10:28 AM
07.03.08 | The Belgian government recently approved a draft bill to implement the social security agreement between India and Belgium. The agreement, which was finalised in November 2006, is considered to be a landmark agreement as it is the first of its kind ever negotiated by the Indian authorities.

Will 2 May 2008 be a bank holiday?

by Ralph Lloyd-Davis — Dec 08, 2008 03:53 PM
19.02.08 | In 2008, 1 May 2008 marks both Labour Day and Ascension Day. In order to guarantee the legal requirement of 10 bank holidays granted to workers in the private sector, one day as compensation must be decided upon. For some time now, there has been a lot of uncertainty as to whether 2 May 2008 will be a public holiday or not. A Royal Decree dated 10 February 2008 finally brings clarity in this respect: As a general rule, 2 May 2008 will remain a bank holiday.

Schengen Area expands with nine new EU-Member States

by Ralph Lloyd-Davis — Oct 16, 2008 10:42 AM
11.01.08 | During a recent summit in Brussels the expansion of the Schengen area with 9 new Member States was approved.

New law on public takeover bids

by laga — Nov 20, 2008 09:54 PM
10.01.08 | The law of 1 April 2007 (M.B./B.S. 23 May 2007.) and the complementary Royal Decree of 27 April 2007 implement the European Directive relating to public takeover bids (Directive 2004/25/EC of the European Parliament and of the Council of 21 April 2004 on takeover bids. ) (hereafter the “Takeover Directive”). As from 1 September 2007, the new Belgian law on takeover bids is in effect.
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