At its centre is a proposed Regulation creating a new limited liability company, the EU Inc. The main points of the proposal:
- Online incorporation within 48 hours, for no more than EUR 100
- Documents filed once and shared between national registers through BRIS
- No minimum share capital, with balance sheet and solvency tests protecting creditors instead
- Flexible share classes, including multiple-vote and non-voting shares
- A digital share register and electronic share transfers
- Faster, cheaper closure of solvent companies, and a simplified insolvency procedure for qualifying innovative startups
If adopted, EU Inc. would make it easier to start a company. More importantly, it would let growing companies expand and raise investment across borders under one predictable set of rules.
Read the full analysis by Bogdan Šarović, Associate in JPM Skopje office.
