EU Inc.: the 28th European system confronting the limitations of national laws
Setting up a company under a single legal status across all 27 Member States: this is the ambition of EU Inc., the ‘28th regime’ proposed by the European Commission in 2025, which is currently under consideration in the European Parliament and the Council. This optional status would coexist with national company forms and provide common rules for their formation, governance and financing. A fully digital… incorporation process, simplified procedures and financial instruments tailored to investors: the aim is to enable European businesses, particularly start-ups, to grow and raise capital without increasing legal constraints. The regime applicable to governance bodies In the European Parliament, the principle enjoys broad support from the EPP, Renew and the S&D. However, the negotiations led by René Repasi (S&D), rapporteur for the Committee on Legal Affairs…