EU Inc (the 28th regime) · 2026/0074(COD)
Supports a comprehensive 28th regime covering all relevant areas of law but wants more time and inclusion of insolvency and tax law beyond corporate law.
Focus the 28th regime primarily on the needs of innovative start-ups and scale-ups to enhance EU competitiveness.
“a 28th regime primarily on the needs of innovative start-ups and scale-ups is also to be welcomed as these businesses and their investors have both special needs and are required to enhance the competitiveness of the EU.”
250930_EIP_28th_Regime.pdf, page 3
Create a comprehensive 28th regime covering all relevant areas of law from the start, not just corporate law, to provide predictable and legally secure conditions attractive to investors.
“In our view, it would not be advisable to introduce a new legal framework only gradually. Only a 28th regime covering all relevant areas of law will be suitable for creating the sufficiently predictable and legally secure conditions that are attractive to investors.”
250930_EIP_28th_Regime.pdf, page 3
Include harmonised rules covering corporate, labour, tax and insolvency law to appeal to innovative start-ups and scale-ups and make investment more attractive.
“With the 28th regime the EU Commission intends to create a single set of rules including corporate, labour, tax and insolvency law as a EU-wide applicable alternative to the fragmented legal landscape in the member states, in order to appeal in particular to innovative businesses in the start-up and scale-up phases and to make investment in such companies more attractive in the European single market.”
250930_EIP_28th_Regime.pdf, page 2
Ensure the 28th regime addresses the needs of innovative start-ups and scale-ups comprehensively, including seat-related issues, to enhance competitiveness.
“a 28th regime primarily on the needs of innovative start-ups and scale-ups is also to be welcomed as these businesses and their investors have both special needs and are required to enhance the competitiveness of the EU.”
250930_EIP_28th_Regime.pdf, page 3
Develop a 28th regime with harmonised rules across corporate, labour, tax and insolvency law to improve cross-border investment conditions and accelerate EU-wide harmonisation.
“A 28th regime can indeed create an offer with harmonised rules applicable to a company from its establishment to its restructuring or liquidation across the EU. If the market accepts the offer, which depends on its sufficient attractiveness, a 28th regime can not only bring about harmonisation of the legal areas covered for the companies that make use of the regime, but also accelerate harmonisation in the EU as a whole through imitation effects at national level.”
250930_EIP_28th_Regime.pdf, page 2
Allow more time than currently planned by the EU Commission to create a comprehensive new legal framework covering all relevant areas of law.
“However, the creation of a comprehensive new legal framework will require more time than the EU Commission has planned for so far.”
250930_EIP_28th_Regime.pdf, page 3
Include a separate restructuring and insolvency law within the 28th regime and engage insolvency practitioners to contribute practical expertise.
“EIP is willing and able to assist in particular in the development of a separate restructuring and insolvency law for a 28th regime and, above all, to contribute the practical expertise of its members.”
250930_EIP_28th_Regime.pdf, page 3
Do not limit the 28th regime to corporate law only; include insolvency law to create legally secure conditions attractive to investors.
“the draft report of the European Parliament's Legal Affairs Committee falls short by limiting itself and the 28th regime essentially to one area of law.”
250930_EIP_28th_Regime.pdf, page 3
Cover tax law within the 28th regime to harmonise rules and improve conditions for cross-border private investment.
“both the Letta report and the Draghi report as well as the Competitiveness Compass provide for the coverage of these areas of law.”
250930_EIP_28th_Regime.pdf, page 2
Address the omission of tax law in the current draft report and include it in the 28th regime to meet the initiative's goals.
“The draft report does not address the areas of tax law and, in particular, insolvency law.”
250930_EIP_28th_Regime.pdf, page 2
On the files they lobby on: “…- SME Strategy -Initiative on harmonising certain aspects of substantive law on insolvency proceedings - Directive on the Harmonisation of certain aspects of Insolvency Law (COM (2022) 702 final) -28th regime for corporate law”
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