Public company (Belgium)
The public limited company ( AG for short ; Dutch Naamloze vennootschap N.V .; French Société anonyme SA ) is a legal form of a corporation in Belgium .
A Belgian public limited company has at least two shareholders. A minimum share capital of 61,500 euros must be fully paid up when the company was founded. Bodies prescribed by law are the board of directors , the general meeting and the auditors . The shares of an AG / NV / SA are generally transferable, but this can be limited by an admission clause, a right of first refusal clause or an inalienability clause. The legal basis is the Belgian Company Code ( Wetboek van vennootschappen / Code des sociétés ).
If the AG / NV / SA wants to pursue a commercial activity, it is legally obliged to be registered in the central database of the companies ( Kruispuntbank van Ondernemingen / Banque-Carrefour des Entreprises ). The database is kept by the so-called company counters ( Ondernemingsloketten / Guichets d'entreprises ), to which applications for inclusion, modification and deletion in the register must be submitted.
