European companies could soon be established in as little as 48 hours for a maximum cost of €100 under a new framework being proposed by the European Commission, slated for unveiling on March 18. The initiative, dubbed “EU Inc.,” aims to streamline the process of starting a business across the European Union.
According to a draft of the proposal seen by ANSA, the scheme is optional and would establish a European limited liability company with harmonized rules designed to bolster the competitiveness of startups and scale-ups. The new structure will allow businesses to offer stock options to employees under a unified scheme valid throughout the EU.
The European Commission’s plan focuses on removing bureaucratic hurdles—a significant impediment to competitiveness for businesses operating within the 27-member bloc—without altering existing tax laws or labor regulations. This move comes as the EU seeks to foster a more dynamic and integrated business environment. The proposal is expected to be a key component of the broader 28th regime currently under development.
The framework will feature fully digital procedures, further accelerating the company formation process. The speed and affordability of establishing a business could be a significant boon for entrepreneurs and investors alike, potentially spurring economic growth across the region.
