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A non-profit is a group of at least three natural people or legal entities who selflessly pursue a common goal. That means that the members of the non-profit cannot get any material benefits out of the operations. The common project is laid down in the organisation’s founding principles: the so-called statutes. 

A general partnership is a legal entity. It’s the least regulated and simplest business type. To set up a general partnership, you don’t need to visit a notary or publish a financial statement, nor do you need a financial plan. As a partner, you are unlimitedly liable in case of company debt, though, which means your private assets aren’t protected. 

The SRL (société à responsabilité limitée) is a popular business type in Belgium. The most important characteristic of an SRL is the limited liability of shareholders. This means that, in case of bankruptcy, creditors will only be able to make a claim to the company assets – not the personal capital of shareholders. 

The primary goal of an SComm (Société en commandite) is realising a common, social goal through certain economic and social activities, maximising profit in the process. The difference in this business type now is that the social angle is an absolute requirement. 

The coronavirus crisis is causing a lot of uncertainty among employees. Indeed, they worry about their income and sometimes doubt the necessity of their function. Employers are aware of this. But how do you keep your employees involved and motivated in these difficult circumstances?

Employees have been working from home en masse in recent weeks. Now that they have tasted that autonomy, it is difficult to take big steps back. This poses challenges for employers. Such as: how do you measure the performance of home workers without losing their confidence?

The coronavirus crisis has forced companies to put their finances in order. But that doesn't mean that employees should feel neglected. So how can you link cost efficiency to a smart human resources policy?

Does your company employ at least 50 full-time equivalents? Then the upcoming social elections of May 2020 need your attention: you must now prepare the first deadlines for the establishment or renewal of your company's consultative bodies.

notice period | waiting day | medical check | application leave | trial period | outplacement   On January 1 2014 the unity statute came into force. Partena Professional is here to guide you through the changes.

Want to call it a day? Or to take things a bit easier after an illness or accident? Are you dreaming of taking a new direction and setting up a different business? If you decide to sell your business, it boils down to preparing thoroughly: from the administrative, employment legislation and mental viewpoint.