Summary

The "Wetten, decreten, ordonnanties en verordeningen" compilation in Belgium in 2010 covered a wide range of legal texts, including those related to business corporations. The Belgian Company Code, which governs the formation, management, and dissolution of companies in Belgium, was included in the compilation. The Code was revised in 1999 and 2006 and implemented various changes, including simplification of company formation, introduction of the simplified private limited liability company, and strengthening of minority shareholder rights. The compilation also included laws and regulations related to accounting, auditing, and financial reporting, such as the Belgian Accounting Law and the Belgian Audit Law. These laws set out the requirements for companies to prepare and publish financial statements and audits. Additionally, the compilation included laws and regulations related to corporate governance, including the Belgian Corporate Governance Code, which sets out the principles and best practices for the management of companies listed on the Belgian stock exchange. Overall, the legal framework in Belgium aimed to promote transparency, accountability, and good corporate governance practices for business corporations.