Category: News
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The new minimum housing quality standards in the Brussels Capital Region
1. An overview of the key aspects of the decree 1.1 Building safety The decree sets minimum standards regarding the structural condition (formerly described as ‘stability’) of the building, including foundations, masonry, load-bearing structures, roofs, floors, stairs, fireplaces and more. From 1 January 2026, the safety assessment will be expanded to include more aspects than…
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CS3D is finally in sight after many hurdles
1. What does the CS3D entail? CS3D describes the steps that companies are obliged to take as part of their due diligence obligations. Companies covered by it are legally obliged to investigate how their activities and their supply chain affect the environment and human rights. Further, they must be able to demonstrate what actions they will…
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Small companies, large tax breaks
1. What exactly will change? From financial year 2024 (for companies that keep their accounts per calendar year), the thresholds for determining the size of a company will change as follows: Old thresholds New thresholds Annual average number of employees 50 50 Annual turnover (excluding VAT) EUR 9,000,000.00 EUR 11,250,000.00 Balance sheet total EUR…
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New reporting obligation regarding corporate tax information
1. Who is required to comply with the reporting obligation? Since February 5, 2024, certain companies and branches are obligated to compile and disclose a report on income tax information. We will briefly outline below who must comply with this reporting requirement, and for whom exemptions may apply. 1.1 Stand-alone companies The reporting obligation under…
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Can the court refuse a notice of termination of a farming lease or limit its area?
Flemish Farming Lease Decree explained (Part 4) 1. Application for the validation of the termination When the landowner has given notice of termination to the tenant, the tenant must consent in writing. If the tenant fails to do so, the notice of termination will expire if the landowner does not apply for its validation within…
