Belgian Companies and Associations Code: what are the key changes for (international) non-profit associations?

Right to carry out profit-making activities without limitation

Under the regime provided for by the Belgian law of 27 June 1921 (the Law of 1921), INPAs are prohibited from carrying out industrial or commercial operations unless the latter remain ancillary to their non-profit activities.

Filed under:
Belgium, Company & Commercial, Insolvency & Restructuring, Non-profit Organizations, Loyens & Loeff
Authors:
Mélanie Schollaert
Location:
Belgium
Firm:
Loyens & Loeff