The Suitability of Belgian Law to B Corp

David Hiez ^[1]
1. [1] University of Luxembourg
  
  University of Luxembourg
  
  Luxemburgo
Localización: The International Handbook of Social Enterprise Law: Benefit Corporations and Other Purpose-Driven Companies / coord. por Henry Peter, Carlos Vargas Vasserot, Jaime Alcalde Silva, 2023, ISBN 978-3-031-14215-4, págs. 441-453
Idioma: inglés
Enlaces
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Resumen
- Belgian law is very interesting when considering B Corp, particularly since its major reform of company law. Originally duplicated from French law, Belgian company law remained B Corp friendly even after it started deviating from it at the end of the nineteenth century. Its first main amendment was the establishment of the social purpose company in 1995, one of the most stimulating legal dress for social enterprises. Its last originality, in 2020, is the regulation of both companies and associations in a same code, with many common provisions, and with a wide definition for both. This renews dramatically the opposition between the for-profit and the not-for-profit organisations.