DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
MASISAM
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, De vennootschap kan,bij enkel besluit van het bestuursorgaan,administratieve zetels,agentschappen,werkhuizen,stapelplaatsen…” (deed in Dutch)
Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“Ondergetekende Notaris bevestigt dat deze deponering heeft plaatsgevonden overeenkomstig de bepalingen van het Wetboek van vennootschappen…” (deed in Dutch)
Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.