{"entity":{"proposed_name":"Acme Supplies SRL","legal_form":"Société à responsabilité limitée (SRL/BV)","registered_office_country":"Belgium","registered_office_address":"Rue de la Loi 100, 1000 Brussels, Belgium","purpose_prose":"The purpose of the company is the import, storage, packaging and wholesale distribution of non-hazardous consumer goods, together with any commercial, financial, industrial, movable or immovable operation directly or indirectly related to its corporate object, in Belgium and abroad.","duration_enum":"indefinite"},"capital":{"authorised_capital_amount":18550,"currency":"EUR","share_classes":[{"class_name":"Ordinary shares","par_value":185.5,"rights_summary":"One vote per share at the general meeting, pro rata rights to dividends and liquidation surplus, no preferential rights.","number_of_shares":100}]},"governance":{"board_structure_enum":"single_tier","number_of_directors_min":3,"number_of_directors_max":7,"director_term_years":4,"quorum_rules_prose":"The board validly deliberates when at least half of its members are present or represented. A director may be represented by another director by written proxy (letter, e-mail or any durable medium).","majority_rules_prose":"Resolutions are carried by the simple majority of votes cast. In the event of a tie, the chair of the meeting has a casting vote, except for decisions on the co-option of directors and on conflicts of interest under art. 5:76 WVV/CCA."},"shareholder_meetings":{"annual_meeting_month":5,"notice_period_days":15,"quorum_pct":50,"proxy_rules_prose":"Any shareholder may be represented at the general meeting by a proxy holder, whether or not a shareholder, by written proxy deposited at the registered office at least two business days before the meeting, in accordance with art. 5:95 WVV/CCA."},"financial_year":{"start_mm_dd":"01-01","end_mm_dd":"12-31"},"profit_allocation_prose":"From the net profit of each financial year, five per cent (5%) is allocated to the legal reserve until that reserve reaches ten per cent (10%) of the share capital (art. 5:157 WVV/CCA). The balance is at the free disposal of the general meeting, which may allocate it to distributable reserves, carry it forward or distribute it as dividends, subject to the net-assets test and the liquidity test of art. 5:142 and 5:143 WVV/CCA.","dissolution_prose":"The company may be dissolved at any time by decision of the extraordinary general meeting deliberating under the conditions of quorum and majority required for an amendment to the articles. Upon dissolution, the general meeting appoints one or more liquidators and determines their powers in accordance with art. 2:79 et seq. WVV/CCA.","governing_law":"Belgian law, in particular the Code of Companies and Associations of 23 March 2019 (Wetboek van vennootschappen en verenigingen / Code des sociétés et des associations, WVV/CCA). Any dispute relating to these articles falls within the exclusive jurisdiction of the courts of Brussels."}