EU Inc (the 28th regime) · 2026/0074(COD)
Supports the EU Inc proposal's key features but wants fundamental changes to article 4, creditor protection, and tailored templates for different company types.
Support online formation with preventive control and electronic deliberations, plus a 'once-only' principle for corporate disclosures.
Develop two types of EU Inc templates for articles of association: one for start-ups seeking investors and one for simpler companies, plus templates for shareholder agreements with safe harbor enforceability.
“We also believe that the success of the EU Inc. will depend to a large extent on the design of the EU templates. Different templates should be developed for simple founder-owned companies and corporate subsidiaries, on the one hand, and more sophisticated investor-backed companies, on the other, complemented by templates for shareholder agreements. These templates should benefit from a safe harbor with regard to their enforceability.”
EUInc.feedbackDeWulfVos.pdf, page 1
Introduce additional mandatory creditor protection rules to balance the current proposal's fewer safeguards and avoid resistance from Member States.
“At the same time, the Commission should consider a more balanced approach to creditor protection. The current proposal contains fewer mandatory safeguards than even the more flexible (e.g. Dutch and Belgian) national private company forms, which may provoke resistance from Member States. We therefore suggest that the Commission considers introducing a number of targeted creditor-protection measures.”
EUInc.feedbackDeWulfVos.pdf, page 1
Abandon minimum capital requirements and allow true no par value shares as in Belgium and Finland.
“The abandonment of minimum capital requirements, in line with what is possible in private limited liability company forms in many member states; The possibility of true no par value shares, as is already possible in Belgium and Finland;”
EUInc.feedbackDeWulfVos.pdf, page 2
Leave governance and shareholder rights mostly to contractual freedom in the articles of association.
“The decision to leave the majority of matters relating to governance and shareholder rights to contractual freedom in the articles of association;”
EUInc.feedbackDeWulfVos.pdf, page 2
Govern employee co-determination exclusively by the law of the registered office, except in cross-border conversions or mergers.
“The principle that employee co-determination shall be exclusively governed by the law of the registered office (save where the EU Inc. is established by means of a cross-border conversion or merger).”
EUInc.feedbackDeWulfVos.pdf, page 2
Rewrite article 4 to clarify the relationship between the Regulation, national law, and articles of association, ensuring articles can overrule national law and prevent fragmentation into 27 national variants.
“Importantly, article 4 of the EU Inc. Proposal should be substantially revised to clarify the relationship between the Regulation, the articles of association and national law. The Regulation should also provide greater legal certainty and prevent national laws or court-developed doctrines from fragmenting the EU Inc. into twenty-seven national variants.”
EUInc.feedbackDeWulfVos.pdf, page 1
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