EU Inc (the 28th regime) · 2026/0074(COD)
Supports the establishment of EU Inc. as an optional 28th Regime company form but wants stronger professional oversight, solvency tests, and safeguards for creditors and MSMEs.
Ensure EU Inc. is accessible and sustainable for micro, small and medium-sized enterprises (MSMEs), not only capital-intensive start-ups or large investors.
“With specific regard to micro, small and medium-sized enterprises – a largely dominant part of the Italian and European productive fabric – it is essential that the EU Inc. should not be targeted exclusively at capital-intensive start-ups, nor should it favour large operators and institutional investors, but should also be accessible and sustainable for MSMEs.”
Feedback, 2026-06-22 · the Commission’s translation
Recognise professionals registered with national orders as validating authorities in the digital architecture and BRIS to ensure legality checks and AML/CFT safeguards.
“The Regulation must therefore recognise professionals registered with national orders as validating authorities authorised in the digital architecture and BRIS: only their subsidiary intervention ensures anti-money laundering (AML/CFT) safeguards and the prior verification of the lawfulness of the company’s objects and articles of association.”
Feedback, 2026-06-22 · the Commission’s translation
Make capital adequacy (balance sheet) and liquidity (solvency) tests binding to protect creditors in absence of minimum nominal capital, shifting focus to real financial sustainability.
“Reducing the minimum capital to zero, combined with share classes and increased voting, increases flexibility but deprives third parties of the nominal capital guarantee: the capital adequacy test (balance sheet test) and the liquidity test (solvency test) for capital transactions and distributions become binding, with the prospective solvency test as a real safeguard without nominal capital, shifting the axis from capital protection to real financial sustainability and increasing professional attestation to protect creditors.”
Feedback, 2026-06-22 · the Commission’s translation
Allow share classes and increased voting rights to increase flexibility.
“Reducing the minimum capital to zero, combined with share classes and increased voting, increases flexibility...”
Feedback, 2026-06-22 · the Commission’s translation
Ensure workers’ rights and participation are protected, implicitly through coordination with insolvency safeguards and professional supervision.
“...the creditors’ committee enhanced by Directive (EU) 2026/799.”
Feedback, 2026-06-22 · the Commission’s translation
Involve professional representatives in defining EU Inc. technical standards, delegated acts and single forms to ensure technological neutrality and interoperability with national legality monitoring systems.
“Lastly, we call for professional professionals to be promoted as guardians of the legality and stability of the single market and for professional representatives to be involved in a structured way in the definition of EU Inc. technical standards, delegated acts and single forms, in order to ensure technological neutrality and interoperability with national systems for monitoring legality and public trust.”
Feedback, 2026-06-22 · the Commission’s translation
Coordinate the 28th regime with Directive (EU) 2026/799 to maintain safeguards on asset avoidance and traceability, ensure liabilities and liquidation remain with registered professionals, and keep professional supervision in winding-up and auctions.
“With regard to the business crisis and insolvency, the 28th regime should be coordinated with Directive (EU) 2026/799, which is already in force: the EU Inc. must not circumvent safeguards on avoidance and traceability of assets that reduce forum shopping. Establishment of the liabilities and liquidation of the assets shall remain with the professionals entered in the registers, for the purposes of equal treatment as creditors. Simplified winding-up and European auctions are positive, provided that the assessment of liabilities remains supervised by a professional.”
Feedback, 2026-06-22 · the Commission’s translation
Highlight provisions of Directive (EU) 2026/799 such as pre-pack with monitor, creditors’ committee, directors’ duties, and require appropriate organisational and supervisory arrangements.
“The provisions of the Directive should be highlighted: the pre-pack with monitor, the creditors’ committee and directors’ duties. The business judgment rule requires appropriate organisational, administrative and accounting arrangements and supervision of professional advice.”
Feedback, 2026-06-22 · the Commission’s translation
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.
Also built with SvelteKit · Vercel AI SDK · Zod