Setting up your company digitally from now on.

Lauren PolsAdverit Antwerp, Belgium

Entrepreneurship is top-level sport. For this reason, the new Companies and Associations Code focuses on flexibility, simplification, and modernization. With regard to this last aspect, a new breakthrough occurred this summer. Since August 1, 2021, it has indeed become possible to incorporate a company digitally. With this, Belgium is the first European country where entrepreneurs can benefit from this possibility.

Until recently, a visit to the notary was always necessary when starting up a company. Nowadays, you will still need to schedule a meeting with your notary, but this can now also be done via videoconference.

Only when the notary suspects that identity fraud is being committed, or when issues arise regarding a party’s legal capacity or authority to represent, can the notary require the physical presence of a party. If you wish to make a contribution in kind, it is also advisable to schedule a physical meeting.

Thus, in all other cases, you can digitally sign the authentic deed of incorporation of your company via a newly developed portal: StartMyBusiness. On this portal, you can easily log in using eID or itsme. You fill in the necessary details, and the notary can get to work on your deed of incorporation. Furthermore, as an entrepreneur, you can also consult this portal for a wealth of useful information.

Would you like more information about starting up a company? Feel free to contact us at: contact@alisadvocaten.be

Related practice areas

Corporate law

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