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European Commission Proposes New Company Law Rules to Simplify Company Formation and Reorganization within the Single Market

|Proposed Changes|European Union
European Union

The European Commission has announced a proposal for new company law rules to make it easier for companies to be formed and reorganized within the EU Single Market. With respect to company formation, the proposal includes that all EU Member States will be required to allow companies to register, set up new branches, or file documents to the business register online. With respect to reorganizations, the proposal provides for common procedures at the EU level on how a company can move from one …

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