EU Inc (the 28th regime) · 2026/0074(COD)
Supports a harmonized EU company form that simplifies cross-border operations and investment but wants sector-specific modules and procedural simplifications in labour law.
Enable electronic registration of 28th Regime corporations after KYC and due diligence, with issuance of an EU VAT number, to reduce administrative burdens and promote competition.
“After completing KYC and due diligence, founders could register a 28th Regime corporation electronically and secure an EU VAT number for their chosen jurisdiction, reducing administrative burdens and promoting competition.”
20250930 28th Regime - Call for Evidence EDFA FINAL.pdf, page 2
Develop a unified investment and equity framework for startups and growth companies, including a single EU-wide investment form (EU FAST) and a common EU framework for Employee Stock Ownership Plans (ESOPs) to reduce legal complexity and foster cross-border investment.
“EDFA believes the 28th regime should actively promote a unified investment and equity framework for startups and growth companies across the EU. A harmonised approach to investment instruments and employee ownership schemes would significantly reduce legal and administrative complexity, foster cross-border investment, and enhance Europe’s competitiveness as an innovation hub.”
20250930 28th Regime - Call for Evidence EDFA FINAL.pdf, page 2
Adopt a standardised, recognised template for investments across all member states to reduce transaction costs, shorten deal timelines, and increase legal certainty.
“EDFA supports the development of a single EU-wide investment form (EU FAST) to streamline early-stage and growth financing. By adopting a standardised, recognised template for investments across all member states, startups and investors can reduce transaction costs, shorten deal timelines, and increase legal certainty.”
20250930 28th Regime - Call for Evidence EDFA FINAL.pdf, page 2
Create harmonised rules for Employee Stock Ownership Plans to facilitate scaling startups, improve talent retention, and level the playing field across EU jurisdictions.
“A common EU framework for Employee Stock Ownership Plans (ESOPs) would help companies offer consistent and attractive equity incentives to talent across borders. Harmonised rules would facilitate the scaling of startups, improve talent retention, and level the playing field for companies operating in multiple EU jurisdictions.”
20250930 28th Regime - Call for Evidence EDFA FINAL.pdf, page 2
Focus labour law harmonization on procedural simplification rather than substantive changes to workers’ rights, while preserving strong social dialogue mechanisms.
“Any harmonization should therefore focus on procedural simplification rather than substantive changes to workers’ rights, while ensuring that strong social dialogue mechanisms are preserved.”
20250930 28th Regime - Call for Evidence EDFA FINAL.pdf, page 2
Simplify cross-border operations by harmonizing reporting standards, simplifying establishment of cross-border subsidiaries, standardizing digital procedures, and reducing legal complexity for multi-jurisdictional operations.
“A well-designed 28th regime could address these obstacles by introducing harmonized reporting standards across EU jurisdictions, simplifying the establishment of cross-border subsidiaries, standardizing digital procedures for regulatory compliance, and reducing legal complexity for multi-jurisdictional operations.”
20250930 28th Regime - Call for Evidence EDFA FINAL.pdf, page 1
Develop sector-specific modules within the 28th regime framework to address industry-specific regulatory requirements, especially for financial services with licensing and supervisory obligations.
“To achieve this, sector-specific modules should be developed within the 28th regime framework to address industry-specific regulatory requirements.”
20250930 28th Regime - Call for Evidence EDFA FINAL.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.
Also built with SvelteKit · Vercel AI SDK · Zod