EU Inc (the 28th regime) · 2026/0074(COD)
Supports an optional, modular, digital-by-default EU Innovation Company form that facilitates deep-tech and research-driven companies but wants safeguards to respect Member State laws and flexibility for progressive adoption.
Create an optional EU Innovation Company form with 48-hour fully digital incorporation, pan-EU identity, streamlined cross-border operations, once-only reporting, harmonised templates, and interoperability with national systems.
“Optional EU Company Form (“EU Innovation Company”, EICo) with 48h fully digital incorporation, pan-EU identity, and streamlined cross-border operations.”
Position Paper on the 28th Regime – EU Corporate Legal Framework (Final).pdf, page 2
Ensure the regime is digital-by-default with online processes, secure digital signatures, and once-only reporting to reduce administrative burden and speed market entry.
“It must be digital-by-default. For research-based ventures, time is precious. A system built on fully online processes, once-only reporting, and secure digital signatures would cut weeks of administrative work.”
Position Paper on the 28th Regime – EU Corporate Legal Framework (Final).pdf, page 3
Make the regime interoperable with existing national company law and registries using European identifiers like BRIS and the EU Company Certificate for seamless cross-border recognition.
“The 28th Regime should not create a parallel universe but rather use European identifiers like BRIS and the EU Company Certificate to ensure seamless recognition across borders.”
Position Paper on the 28th Regime – EU Corporate Legal Framework (Final).pdf, page 3
Adopt investor- and founder-friendly capital rules including standardised share classes, EU-recognised convertible instruments, simplified capital increases and transfers, and EU-baseline employee ownership with tax deferral and cross-border portability.
Design the regime as an optional, modular framework allowing companies to progressively adopt features on incorporation, capital, governance, or mobility, avoiding a rigid one-size-fits-all model.
“The new framework must be optional and modular. ... Allowing companies to opt in, and to adopt features progressively, whether on incorporation, capital rules, governance, or mobility, means the regime can adapt to their growth rather than impose a rigid one-size-fits-all model.”
Position Paper on the 28th Regime – EU Corporate Legal Framework (Final).pdf, page 3
Ensure the regime is innovation-friendly by linking it to the European Innovation Act, enabling participation in regulatory sandboxes, supporting IP exploitation, and access to research infrastructures.
“The regime should be explicitly innovation-friendly. It must link with the European Innovation Act by enabling participation in regulatory sandboxes, supporting IP exploitation, providing access to research and technology infrastructures.”
Position Paper on the 28th Regime – EU Corporate Legal Framework (Final).pdf, page 3
Avoid creating new bureaucracy or displacing existing national company forms; the regime should empower innovators without eroding what already works and respect Member State standards in labour, tax, and environment.
“But ambition must be balanced with safeguards. The new regime must not undermine Member State standards in areas such as labour rights, taxation, or environmental protection. Nor should it create a new layer of bureaucracy or displace existing national company forms that already serve many firms well.”
Position Paper on the 28th Regime – EU Corporate Legal Framework (Final).pdf, page 3
Introduce light insolvency safe harbours for bona fide failure, simplified cross-border restructuring and closure, and a second-chance approach to reduce fear of ruin for entrepreneurs.
“Second-chance & predictable exit: light insolvency safe-harbours for bona fide failure and simplified cross-border restructuring/closure.”
Position Paper on the 28th Regime – EU Corporate Legal Framework (Final).pdf, page 2
Require once-only EU reporting that is valid for tax, labour, and corporate registers across all Member States to reduce compliance costs and bureaucracy.
“Require once-only EU reporting: one digital filing valid for tax, labour, corporate registers across all MS.”
Position Paper on the 28th Regime – EU Corporate Legal Framework (Final).pdf, page 4
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