EUROPEAN PRIVATE COMPANY: A NEW INSTRUMENT FOR DOING BUSINESS IN EUROPEAN UNION?

Luminita Tuleaşcă

Romanian Economic Business Review, 2011, vol. 6, issue 4, 135-149

Abstract: Designed as a real European company, with a minimum registered capital of EUR 1, largely accessible, easy to organize and cheap to run, the European private company is to represent a significant reform in the matte of company law in the European Union. Without doubt, the adequacy of the European private company statute to the legal traditions of all member states is an important factor of its use by the foreseen beneficiaries: small and medium enterprises. The advanced stage of the political procedures and negotiations related to the statute impose the analyzing of all the main features of the European Private Company, marked out in official documents and their comparison to those of the companies regulated in Romania and on other member states of the European Union, in order to determine the extent such new company shall represent or nor a new and effective instrument for doing business in the European Union.

Keywords: European Private Company; company; transfer of the registered office; capital; cross-border element; single market; SME (search for similar items in EconPapers)
Date: 2011
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