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Incorporation

When establishing a business, you want every decision to support your progress. The legal structure you choose determines your liability, flexibility and how easily you attract partners or investors. A clear understanding of your objectives helps you select a framework that strengthens, rather than restricts, your plans.

Your start becomes more robust when you understand your obligations, risks and opportunities. By organising your agreements, financing and internal processes correctly from day one, you create a foundation that remains reliable well into the future.

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A proper incorporation starts with choosing the right legal form. That choice determines, among other things, your liability, tax obligations and internal structure. Next come the drafting of the deed of incorporation and, where required, its execution and filing before a notary. You must also take into account registration with the Crossroads Bank for Enterprises, VAT registration and any necessary permits.

Make sure that your articles of association are clear and aligned with the way your business operates. Think of provisions on governance, voting rights, profit distribution and the transfer of shares. Seek legal guidance to avoid errors or ambiguities that may later lead to disputes.

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To start operating officially, you must register your company with the Crossroads Bank for Enterprises, obtain a company number and activate your activity for VAT purposes. In some cases you will also need specific permits, depending on your sector. Do not forget to join a social security fund for the self employed.

It is also important to draw up the right contracts, such as a lease agreement or supplier contracts, and to arrange adequate insurance coverage. This gives you a solid legal basis from day one and helps you avoid problems during initial inspections or collaborations.

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Leen Wetsels
Leen Wetsels
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In most cases, setting up a company requires an authentic notarial deed, especially for a private limited company or public limited company. That deed contains, among other things, the articles of association, with provisions on the company’s purpose, capital, directors, shareholders and the way the business operates.

Well drafted articles help prevent later disputes and provide guidance in times of conflict or change. Also consider additional documents such as a shareholders’ agreement, internal regulations or arrangements on voting rights and share transfers.

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Leen Wetsels
Leen Wetsels
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Contact

Relevant services

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