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Brussels, |
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If you have a business and want to expand to another European country(In this case, the 28 EU member states plus Iceland, Liechtenstein and Norway), you could consider creating a European Company.
The European Company – also known as SE (Societas Europea in Latin) – is a type of public limited-liability company that allows you to run your business in different European countries using a single set of rules.
The European Company – also known as SE (Societas Europea in Latin) – is a type of public limited-liability company that allows you to run your business in different European countries using a single set of rules.
Why to open an European Company?
There are several advantages to setting up a European Company:
- A simpler way to run business across more than one EU country: you can reorganise your activities under a single European brand name and run your business without setting up a network of subsidiaries
- Greater mobility in the single market. For example, you can transfer your registered office to another EU country without having to dissolve the company
- Framework for involving staff employed in more than one country in running your business.
How to set up an European Company
There are 4 possibilities, depending on your situation:
HOW |
WHO |
REQUIREMENTS |
Merger (to form a European Company) |
Public limited liability companies |
At least 2 companies from different EU countries |
Forming a European holding company |
Public or private limited liability companies |
At least 2 companies from different EU countries or A company that had, for at least 2 years, a subsidiary or a branch in another EU country |
Forming a European subsidiary |
Companies, firms or other legal bodies |
At least 2 companies from different EU countries or An entity that had, for at least 2 years, a subsidiary or a branch in another EU country |
Conversion |
A public limited liability company |
A company that had, for at least 2 years, a subsidiary in another EU country |
Which conditions for setting up an European Company?
A European Company has legal personality as a public limited liability company. To establish a European Company you must have:
- your registered office and your head office must be in the same EU country
- a presence in other EU countries (subsidiaries or branches) or your company and other companies involved need to be governed by the laws of at least two different EU countries
- a minimum subscribed capital of EUR 120 000
- an agreement on employees participation in the company's bodies and on how they will be consulted and informed
Requirements may vary between countries. Some countries may have higher capital requirements, while others require the head office and the registered office to be in the same place.
National rules
Some EU rules on the European Company statute were transposed into national law. This therefore means that some of the rules may be implemented differently in different countries. This is also the case with the EU directive on employee participation.
See which specific national rules apply to the European Company Statute in your country:
- Austria DE, EN
- Belgium FR, NL
- Bulgaria BG part1 part2, EN part1 part2
- Croatia *
- Cyprus *
- Czech Republic CS part 1 part2 part3, EN
- Denmark DA EN
- Estonia EE part1 part2 part3, EN part1 part2 part3
- Finland FI part1 part2 part3 part4, EN part1, 2, 3, 4
- France *
- Germany DE
- Greece *
- Hungary HU
- Iceland *
- Ireland EN
- Italy IT
- Latvia LV
- Liechtenstein DE
- Lithuania LT
- Luxembourg DE part1 part2 part3, FR part1 part2 part3, EN part1 part2 par3
- Malta EN
- Netherlands NL
- Norway NO
- Poland PL part1 part2
- Portugal PT part1 part2 part3 part4 part5
- Romania *
- Slovakia SK
- Slovenia*
- Spain ES part1 part2 part3 part4 part5 part6
- Sweden SV part1 part2, EN part1 part2
- Switzerland *
- United Kingdom EN part1 part2