Today, for far too many entrepreneurs and innovative companies, expanding across EU borders means navigating a fragmented corporate legal landscape. European innovative companies are faced with 27 national legal systems and more than 60 company legal forms. This complexity can delay the setting-up of a company for weeks or even months, slowing growth, raising costs and discouraging scale.
EU Inc. is at the heart of the Commission’s response to these challenges: coming in the form of a regulation, it will provide a single harmonised set of corporate rules that companies can choose instead of navigating multiple national regimes, unlocking the true potential of the Single Market.
The Draghi Report highlighted the urgent need to focus on improving the EU’s competitiveness, including by making it easier for innovative companies to scale up in Europe. Announced in the Commission’s political guidelines for 2024 – 2029 and President von der Leyen’s SOTEU speech, the EU Inc. proposal aims to reduce fragmentation, boost EU competitiveness, and respond to the needs of innovative companies.
President Ursula von der Leyen said: “Europe has the talent, the ideas and the ambition to become the best place for innovators. Yet today, European entrepreneurs who want to scale up face 27 legal systems and more than 60 national company forms. With EU Inc., we are making it drastically easier to start and grow a business all across Europe. Any entrepreneur will be able to create a company within 48 hours, from anywhere in the European Union, and fully online. This crucial step is just the beginning. Our goal is clear: one Europe – one market – by 2028.”
Given its key importance for the EU’s prosperity, the Commission calls on the European Parliament and the Council to reach an agreement on the EU Inc. proposal by the end of 2026.
Source: European Commission
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