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On 1 January 2020, the new Incoterms® 2020 entered into force. If agreed between trading parties, these terms set out the mutual obligations of the buyer and the seller with regard to the delivery of goods. Apart from structural and visual enhancements to the Incoterms, such as more instruct
The mobility allowance (or cash for car) is a cash amount that an employee receives in exchange for handing in the company car. The allowance is advantageous from a parafiscal point of view.
The binding third-party decision has many applications and can be useful, among other things, in anticipating certain unforeseen developments in ongoing contracts.
As from 1 January 2020 the Companies and Associations Code (CAC) is applicable to all companies, associations and foundations, including legal persons who did not yet adapt their articles of association to the CAC.
(Non-exhaustive) list of subjects henceforth regulated in a mandatory manner Certain previous denominations of companies and associations disappear. No amendment of the articles of association is required for this. For instance, an ordinary limited partnership (Comm.
(Non-exhaustive) overview of subjects henceforth regulated by mandatory provisions for legal persons that already existed on 1 May 2019 1. Denominations of existing companies and associations The new denominations and abbreviations of companies will become mandator
For the moment, there is only few legislation or legislation in the pipeline that has a significant impact on your HR policy. Nevertheless, from our expertise, we listed some points of attention and reminders for your HR policy that are worth following and/or reviewing in 2020. You can read th
The costs of legal proceedings before Belgian civil courts can be high. In our fact sheet you can find an overview of these costs as well as the party that has to bear them.
Lydian's Commercial & Litigation team highlights some already known novelties of 2020. 1. New rules on evidence Modernised rules of evidence are included in Book 8 of the Civil Code.