Cross-border mergers, demergers and conversions: draft act transposing the European Mobility Directive submitted in Parliament

On 15 March 2023, the federal government officially introduced a draft act concerning cross-border mergers, demergers and conversions in the House of Representatives. The text is available here.

The draft act, which still needs to be adopted by the Parliament, implements EU Directive 2019/2121 of 27 November 2019, known as the Mobility Directive, and modifies the rules for cross-border mergers, demergers and conversions of companies in Books 12 and 14 of the Belgian Code of Companies and Associations. In addition to the BCCA, the draft act also amends certain provisions of the Code of Private International Law and the Judicial Code.

For the background to the directive and a number of new possibilities which its transposition into Belgian law will offer, see https://www.eubelius.com/en/news/cross-border-mergers-demergers-and-conversions-belgium-misses-implementation-deadline-of-the

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