The Commission presented EU Inc., a new single set of corporate rules that will be the same and apply across the EU. This will make it easier for businesses to start, operate and grow across the EU. Its optional, fully digital procedures would enable innovative companies to scale up and incentivise them to stay in Europe and encourage those who once looked elsewhere to return. EU Inc. is part of the new broader 28th regime that offers businesses the chance to seize the benefits of the single market.
Currently, entrepreneurs and innovative companies face a fragmented corporate legal landscape. With 27 national legal systems and more than 60 company legal forms in place, it can take a company weeks or even months to set up, slowing growth and raising costs.
EU Inc.’s single harmonised set of corporate rules would mean…