The CCA already applies to companies, associations and foundations established on or after 1 May 2019. You already joined us on the countdown to that date.
Now we are facing another crucial step. As of 1 January 2020, the CCA will also – automatically and, in principle, fully – apply to companies, associations and foundations that were established before 1 May 2019 and that have not already chosen an early opt-in. They do not have to align their articles of association with the CCA immediately, but will be granted a respite until 1 January 2024 at the latest.
But make no mistake: as of 1 January 2020, you will have to deal with the new CCA in any case.