EU Inc (the 28th regime) · 2026/0074(COD)
Supports a single EU company form that simplifies rules, creates a digital one-stop-shop, harmonises capital and shares rules, improves labour mobility, and provides startup-specific funding to unlock Europe's startup potential.
Define startups distinctly in EU law and funding programmes with growth-oriented criteria replacing profitability tests, and appoint national Implementing Partners in every member state to facilitate access to EU funds.
“We propose: A distinct definition of startups in EU law and funding programmes. Growth-oriented criteria replacing profitability requirements. Appointment of national Implementing Partners in every member state to facilitate access to EU funds. Sweden currently lacks such a partner, disadvantaging Swedish startups compared to peers in other countries”
28th Regime Proposition Paper SISP.pdf, page 5
Create a single EU one-stop-shop for company incorporation and administration that allows incorporation within 48 hours, digital share issuances, governance updates, standardised templates, and removes notary requirements for routine lifecycle events.
Harmonise tax rules to avoid double taxation, digitalise share issuances and shareholder registers, provide standardised investment instruments like EU-SAFE/FAST notes, and establish an institutional fund-of-funds backed by pension funds to grow deeptech investment.
“The 28th Regime must unlock Europe’s capital market by: Harmonising tax rules to avoid double taxation. Digitalising share issuances and shareholder registers. Providing standardised investment instruments and documentation (EU-SAFE/FAST, convertible notes, due diligence packs). Establishing an institutional fund-of-funds, potentially backed by pension funds, to grow deeptech investment within the EU.”
28th Regime Proposition Paper SISP.pdf, page 4
Establish a harmonised EU-ESOP baseline with taxation at liquidity (sale), portability across borders, inclusive eligibility for employees and key contractors, recognition of non-voting shares, and a safe-harbour valuation model.
“We recommend an EU-ESOP baseline that ensures: Taxation at liquidity (sale of shares), not at grant or vesting. Portability across borders for employees who relocate. Inclusive eligibility (employees and key contractors). Recognition of non-voting shares and a safe-harbour valuation model.”
28th Regime Proposition Paper SISP.pdf, page 5
Introduce digital, harmonised work permit processes with short lead times, fast-track recognition across Member States, standardised solutions for cross-border employment without local subsidiaries, and improved pension portability.
“We propose: Digitalised and harmonised work permit processes with short lead times. Work permit granted for one EU-country should provide a fast track to grant work permits in other EU-countries. Standardised labour law solutions for cross-border employment, so startups do not need to create local entities for a single hire. Easier pension portability across member states to reduce the personal cost of mobility.”
28th Regime Proposition Paper SISP.pdf, page 4
Adopt the 28th Regime as a regulation under Article 352 TFEU, uniform across all member states, optional and additional to national forms, digital-first, with high-level political acceptance and co-creation with founders and investors.
Harmonise tax rules to avoid double taxation and align employee stock option taxation to occur only upon sale, not at grant or vesting, to make EU startups competitive internationally.
“Employee stock options are crucial for startups to attract top talent, but current EU rules are fragmented and inconsistent. Startups face competitive disadvantages compared to the US, where taxation occurs only upon sale. We recommend an EU-ESOP baseline that ensures: Taxation at liquidity (sale of shares), not at grant or vesting.”
28th Regime Proposition Paper SISP.pdf, page 5
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