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European corporate law
  (Redirected from EU company law)
European corporate law is a part of European Union law, which concerns the formation, operation and insolvency of corporations in the European Union. There is no substantive European company law as such, although a host of minimum standards are applicable to companies throughout the European Union. All member states continue to operate separate companies acts, which are amended from time to time to comply with EU Directives and Regulations. There is, however, also the option of businesses to incorporate as a Societas Europaea (SE), which allows a company to operate across all member states.
History
Main articles: History of company law and History of the European Union
There have been, since the European Community was founded in 1957, a series of directives creating minimum standards for business across the European Union. A central aim restated in each Directive is to reduce the barriers to freedom of establishment of businesses in the European Union through a process of harmonising the basic laws. The object is that when laws are harmonised, business will not be deterred by different or more onerous laws, but at the same time harmonisation provides a basic level of protection for investors in each member state, none of which are forced into regulatory competition.
Types
Name (in Latin)Abbrev.English translationEstablishedNumber of registrations[1] (2014)Comment
Societas EuropaeaSEEuropean company20042423
Societas cooperativa EuropaeaSCEEuropean cooperative society2006
Societas privata EuropaeaSPEEuropean private company(proposed)proposal withdrawn, foreseen alternative: SUP
Societas unius personaeSUPSole proprietorship(proposed)N/A
N/AEEIGEuropean economic interest grouping1985several thousand (e.g. ARTE)
Fundatio EuropaeaFEEuropean foundation(proposed)N/A
European treaties
Main article: Regulatory competition
Harmonised fields of national law
Main articles: Harmonisation of law and Subsidiarity
Formations and civil law
Corporate governance
Capital maintenance
Second Company Law Directive 77/91/EEC, on formation of public companies and the maintenance and alteration of capital, updated by 2006/68/EC and 2009/109/EC, repealed by 2012/30/EU
Mergers and acquisitions
Accounting and audit
Market regulation
See also
Notes
^ Societas Europaea registrations seeurope-network.org
References
Books
Articles
External links
Last edited on 28 July 2021, at 07:26
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