Solvay Sodi
Enterprise in Bulgaria.
In the event of joint inheritance or holders of shares with split rights (bare ownership and usufruct), who represents the shares vis-à-vis the company (concept of “designated owner”)?
“Article 10 of the by-laws stipulates that the company recognizes only one owner per share. Joint owners must therefore designate one of themselves as the share owner vis-à-vis Solvay to exercise their rights (and in particular voting rights).”
View in the company profileI would like to use my shares as collateral with a bank. Is this permissible?
“Yes. The Registered Shares Management Service can send you a position balance statement from the register.”
View in the company profileI live abroad. What do I do to be eligible for tax relief for the withholding tax on dividends from my shares?
“In principle, the payment of dividends gives rise in Belgium to a withholding tax called withholding tax and the rate applicable to Solvay dividends is fixed at 30% since the 1st of January 2017.”
View in the company profile