EU Inc (the 28th regime) · 2026/0074(COD)
Supports the 28th regime as a unified, digital-first framework to facilitate investment but wants it to avoid regulatory complexity and directive-based implementation.
Implement a fully online, API-first, English-first EU registry with a 48-hour incorporation timeline, real-time extracts, and standardized documentation to streamline cross-border investments.
“We strongly endorse the proposed EU-Registry as a fully online, API-first, English-first digital registry. This approach addresses fundamental barriers that currently prevent efficient cross-border investment operations. The centralized registry should ensure: 48-hour incorporation timeline to match modern investment decision-making speeds; Real-time company extracts and certificates for streamlined due diligence processes; API integration capabilities allowing institutional investors to conduct automated compliance checks; Standardized documentation reducing legal complexity across Member States”
28th regime - ARP TFI feedback.pdf, page 1
Set no minimum capital requirements and allow flexible share class structures with simplified capital increase procedures to enable rapid funding rounds and startup accessibility.
“The 28th regime must prioritize investment accessibility through: No minimum capital requirements to ensure startup accessibility; Flexible share class structures including preference shares, ordinary shares, and veto rights; Simplified capital increase procedures enabling rapid funding rounds; Standardized investment documentation reducing transaction costs and timelines”
28th regime - ARP TFI feedback.pdf, page 1
Adopt standardized, portable ESOP structures with tax-efficient employee equity participation and mandatory ESOP quotas for companies receiving significant public innovation funding.
“The proposed EU-ESOP framework addresses critical talent retention challenges while democratizing wealth creation. We support: Standardized ESOP structures portable across Member States; Tax-efficient employee equity participation with capital gains deferral mechanisms; Mandatory ESOP quotas for companies receiving significant public innovation funding”
28th regime - ARP TFI feedback.pdf, page 3
Avoid mandatory employee participation rules and statutory rigidity around governance structures to maintain operational flexibility for fast-growing businesses and investors.
“Avoid Mandatory Employee Participation Rules: Statutory rigidity around governance structures reduces operational flexibility crucial for fast-growing businesses and their investors.”
28th regime - ARP TFI feedback.pdf, page 3
Use a regulation rather than a directive as the legal basis to ensure harmonization, reduce complexity, and provide legal certainty for investors.
Provide centralized tax reporting, predictable profit allocation, and fiscal alignment to reduce tax uncertainty and facilitate cross-border investment by institutional investors.
“From an investor perspective, tax uncertainty represents the primary barrier to cross-border EU investments. The 28th regime must deliver: Centralized Tax Reporting: A single reporting channel for all tax obligations across Member States, supported by the BEFIT proposal framework. Predictable Profit Allocation: Clear, transparent methodology for allocating profits based on business activities, preventing double taxation disputes that currently deter institutional investment. Fiscal Alignment: While respecting Member State tax sovereignty, the framework must provide sufficient clarity to enable pension funds and other institutional investors to assess after-tax returns accurately.”
28th regime - ARP TFI feedback.pdf, page 2
Open source underneath
WhoShapedIt is a thin layer on open-source packages. Star them, fork them, build your own micro.
Open-source context and state for AI: it keeps only what matters for the question.
In WhoShapedIt: Reads every lobby submission and position paper and each official text, cut into passages, and judges each passage against nine questions (who can use EU Inc, workers on the board, tax…), so every ask and every step is read on the passages that address it.
Open-source Svelte components for clean, accessible interfaces.
In WhoShapedIt: The status, the timeline, the theme picker, the camps of lobbies and the organisation pages.
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