EU Inc (the 28th regime) · 2026/0074(COD)
Supports strengthening EU competitiveness with a new company form but wants major changes to legal basis, identification, preventive controls, and registration procedures.
Allow Member States to use their existing national registration procedures and single interface frameworks to avoid costly parallel systems and additional red tape.
Ensure preventive public checks during company formation, register applications, amendments to articles, and capital measures to provide legal certainty and reduce risks and costs.
Ensure the new company form builds on existing EU acquis including public preventive control by courts, authorities, or notaries to guarantee reliable registers and legal certainty.
Use digital tools like the EUDI Wallet, EU Business Wallet, and better use of the European Business Register Interconnection System (BRIS) to simplify procedures and reduce bureaucracy.
“Additional simplifications could be achieved through digital tools (e.g. EUDI Wallet, EU Business Wallet), the further reduction of language barriers and a more effective use of the European Business Register Interconnection System (BRIS).”
Feedback, 2025-09-30
Expand the notary's central role as a one-stop-shop to facilitate company formation, including a one-off collection of company data for distribution to authorities to implement the once-only principle.
“The notarys central role in company law as a one-stop-shop could be further expanded in order to facilitate the overall formation experience for entrepreneurs also in cross-border cases. For example, a comprehensive one-off collection of company data by the notary as a central point of contact for the further distribution of the relevant data to administrative and fiscal authorities could serve as a real efficiency booster by realising the once-only principle.”
Feedback, 2025-09-30
Include capital measures and issuance of new shares within preventive controls to ensure legal certainty and prevent abuse.
“capital measures and the issue of new shares should also be covered as sub-categories of amendments to the articles of association (C.).”
BNotK STN 2026_11_Proposal for a Regulation on a 28th Regime Corporate Legal Framework_EN.pdf, page 2
Revise provisions on digital share registers and free digital share transfers to include reliable identification and public preventive controls to prevent abuse and ensure transparency.
“The provisions on digital share registers and free digital share transfer should be revised. The absence of reliable digital identification and public preventive controls would create substantial risks of abuse, concealment and conflicts while weakening anti-money laundering measures, tax enforcement and sanctions compliance.”
Feedback, 2026-06-25
Require reliable and legally secure identification of shareholders and directors throughout the company lifecycle to prevent abuse and ensure register reliability.
“a reliable and legally secure identification of both shareholders and directors in all corporate structural measures and other register applications is essential for the success of the new legal form, as well as for regulatory reasons (B.).”
BNotK STN 2026_11_Proposal for a Regulation on a 28th Regime Corporate Legal Framework_EN.pdf, page 2
Use Article 352 TFEU as the legal basis instead of Article 114 TFEU to ensure democratic legitimacy and avoid legal risks.
“Firstly, the proposal should be based on the appropriate legal basis of Article 352 TFEU so as not to compromise its democratic legitimacy (A.).”
BNotK STN 2026_11_Proposal for a Regulation on a 28th Regime Corporate Legal Framework_EN.pdf, page 2
Base the 28th regime on Article 10 Directive (EU) 2017/1132 and the Digitalisation Directive II, ensuring public preventive control to maintain transparency, legal certainty, and effectiveness of anti-money laundering and sanctions enforcement.
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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.
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