EU Inc (the 28th regime) · 2026/0074(COD)
Supports a 28th Regime designed as a Regulation to facilitate venture capital financing with broad scope and liberal private ordering, but wants it to be ambitious and uniform to be effective.
Design the 28th Regime with a scope not limited to innovative startups, allowing companies at any life cycle stage to attract outside investors, and adopt a very liberal approach towards private ordering allowing anything not explicitly forbidden.
“Moreover, we think that it is essential not to restrict the reform to innovative startups, since (i) it is extremely difficult, if not impossible, to precisely define what a startup is, and what innovative should mean; (ii) companies at any stage of their life cycle may attract outside investors interested in supporting their scale-up.”
AgstnerCapizziGiudici,ConsultationDocument_SENT.pdf, page 4
Adopt the 28th Regime as a Regulation rather than a Directive to ensure uniformity and avoid divergent national transpositions or interpretations.
Consider the tax treatment of the company, its shareholders, or employees in the design of the 28th Regime, though no specific tax proposals are made.
“The primary objective of such a regime should be to facilitate the financing of European startups by venture capital funds. This would necessitate the removal of any potentially mandatory provisions that could conflict with or impede the adoption of international contractual standards, which in turn necessitates a radical liberalisation of this hypothetical 28th Regime.”
AgstnerCapizziGiudici,ConsultationDocument_SENT.pdf, page 3
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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