EU Inc (the 28th regime) · 2026/0074(COD)
Supports a simple, voluntary, and efficient EU company form focused on young, innovative businesses but wants to exclude labor and co-determination law harmonization and ensure flexible employee share participation with clear tax rules.
Design the 28th regime as a simple, lean, voluntary alternative to national company law with an EU-wide digital register and streamlined registration procedures that limit costs and provide clear, comparable information to investors, but exclude labor and co-determination law provisions to avoid complexity and legal uncertainty.
“Der neue Rechtsrahmen sollte pragmatisch, rechtssicher und effizient ausgestaltet und auf das Wesentliche fokussiert sein. Eine Überfrachtung, insbesondere mit arbeits- und mitbestimmungsrechtlichen Vorschriften ... ist unbedingt zu vermeiden.”
BDA_28 EU Rechtsrahmen_Stellungnahme.pdf, page 2
Provide flexible and legally secure rules for employee capital participation within the 28th regime, allowing companies to decide which employees participate and avoiding mandatory holding periods, to enhance attractiveness and adaptability of such schemes.
Exclude individual, collective labor law and co-determination rules from the 28th regime, leaving these matters to national law, because they are closely linked to national traditions and cannot be harmonized effectively in this context.
Ensure that collective labor law remains governed by national social partner systems and that co-determination rights are determined solely by the law of the member state where the company has its registered seat, avoiding EU-level harmonization or negotiation processes.
“Das kollektive Arbeitsrecht sollte nicht Teil des 28. Rechtsrahmens sein... Für Unternehmen, die den 28. Rechtsrahmen nutzen, sollte daher gelten, dass kollektivarbeitsrechtliche Fragen sich nach dem Recht desjenigen Mitgliedstaats richten, in dem das Unternehmen seinen satzungsmäßigen Sitz hat.”
BDA_28 EU Rechtsrahmen_Stellungnahme.pdf, page 3
Ensure that the law of the member state where the company has its registered seat governs labor and co-determination matters, including in cross-border transformations, mergers, or divisions, to avoid complex EU-level negotiation processes.
“Deshalb gilt, dass das Mitbestimmungsrecht weiterhin Sache des Mitgliedstaats bleiben sollte, in dem das Unternehmen seinen satzungsmäßigen Sitz hat. Auch bei grenzüberschreitenden Umwandlungen, Verschmelzungen oder Spaltungen sollte ausschließlich das nationale Recht gelten – nicht ein europäisch gesteuerter Verhandlungsprozess.”
BDA_28 EU Rechtsrahmen_Stellungnahme.pdf, page 3
Base the 28th regime on Article 114 TFEU to strengthen the internal market but avoid using Article 50 or Article 352 TFEU to introduce labor or co-determination law provisions, as these would be legally problematic and politically counterproductive.
Establish clear, reliable, and coordinated EU-wide tax rules for employee stock options and capital participation schemes that respect member states' competences to reduce administrative burdens and legal uncertainty for companies and employees.
“Es braucht EU-weit klare, verlässliche und abgestimmte Rahmenbedingungen, die gleichzeitig die Kompetenzen der Mitgliedstaaten respektieren. Ziel muss sein, den Einsatz von Mitarbeiterkapitalbeteiligungen zu erleichtern, nicht zu erschweren.”
BDA_28 EU Rechtsrahmen_Stellungnahme.pdf, page 4
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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