ZAIN
Bankruptcy closedArticles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’exploitation de salons de coiffure pour hommes,dames et enfants,les soins du corps,les soins capillaires,l’esthétique,la manucure,la…” (deed in French)
3 activities (deed in French)
- L’exploitation de salons de coiffure pour hommes,dames et enfants,les soins du corps,les soins capillaires,l’esthétique,la manucure,la pédicure,l’exploitation de salons d’esthétique,de solariums et de toutes activités apparentées,que l’exploitation de ces salons et solariums se fasse concomitamment et accessoirement,ou au contraire indépendamment de l’activité de coiffure.
- La vente de produits et d’articles de coiffure,de bijoux,cosmétiques,parfums.
- Le lavage,la coupe,la mise en plis,la teinture,la coloration,l’ondulation,le défrisage de cheveux et les services analogues pour hommes,femmes et enfants,le rasage et la taille de la barbe,la fabrication de perruques ou de postiches.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ZAIN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs,personnes physiques ou morales,actionnaires ou non, sans limitation de durée” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives avec mentions du Code des sociétés et des associations” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs au prorata, mêmes formalités si non de plein droit” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions, organe qui procède à l’émission” (deed in French)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 18:00
Oversight and winding up
- 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.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Désigner liquidateurs,pouvoirs et émoluments, administrateurs en fonction si aucun autre désigné” (deed in French)