[ESTABLISHING A BUSINESS ENTITY IN BELGIUM] 58
The dividend distributions 3 ;
The initiation of claims by the company against its directors
company;
•
•
The acquisition by the company of its own shares³; The dissolution of the company and; Any modification to the articles of association.
The dividend distributions;
•
•
The dividend distributions 1 ;
•
The dissolution of the company and; Any modification to the articles of association.
•
A merger or demerger of the company; A capital increase 4 or a capital decrease; The acquisition by the company of its own shares 5 ; The dissolution of the company and; Any modification to the articles of association.
•
•
•
•
•
•
•
•
One share, one vote unless the articles of association provides otherwise. Possibility to issue shares without voting rights. For listed companies, possibility to issue loyalty shares (double voting right).
One share, one vote unless the articles of association provides otherwise. Shares without voting rights NOT possible.
One share, one vote unless the articles of association provides otherwise. Possibility to issue shares without voting rights. For listed companies, possibility to issue loyalty shares (double voting right).
Voting rights
Loyalty shares NOT possible.
3 without prejudice to the competence of the board of directors to distribute interim dividends if allowed by the articles of association
4 without prejudice to the competence of the board of directors to increase the share capital within the authorized capital
5 without prejudice to the competence of the board of directors in this respect, within the limits set by the general shareholders' meeting
ILN Corporate Group – Establishing a Business Entity Series
Made with FlippingBook Ebook Creator