How Wirtschaftskammer Österreich lobbied on EU Inc
Supports, with changes
Business association · AUT
Supports the EU Inc. proposal as a modernisation of European company law but demands a minimum share capital of 10,000 euros and rejects a special insolvency regime for innovative start-ups.
2 submissions to the Commission · declared EU lobbying: €2,750,000–€2,999,999 last year.
Summaries are AI-written; the quotes are theirs, checked word for word.
What they asked for
Who can use it?
Wants changes
Call for evidence (2025) · 9 Sep 2025
Ensure the new company form is open to all companies, not only start-ups or scale-ups, and provide clear definitions of these terms.
“In den bisherigen von der Kommission veröffentlichten einschlägigen Dokumenten fehlt eine klare Definition dessen, was unter einem „Start-up-Unternehmen“ bzw. unter einem „Scale-up-Unternehmen“ zu verstehen ist. ... Eine allfällige neue Gesellschaftsform darf allerdings nicht nur auf bestimmte Arten von Unternehmen beschränkt sein, sondern muss allen Unternehmen offen stehen.”
Clarify whether cross-border branches have legal personality and provide clear definitions for subsidiary, branch, and permanent establishment.
How fast can you set one up?
Backs it
Call for evidence (2025) · 9 Sep 2025
Make company formation fully digital and rapid, with legally secure identification of all acting persons using qualified digital signatures.
Wants changes
Feedback on the proposal (2026) · 12 Jun 2026
Allow only one form of preventive control (administrative, judicial, or notarial) and reject mandatory involvement of a notary to avoid unnecessary burdens.
“Eine vorbeugende Kontrolle entspricht grundsätzlich dem österreichischen Gründungsverfahren für eine Kapitalgesellschaft... Eine Kombination dieser Kontrollen ist abzulehnen – insb. die verpflichtenden Hinzuziehung eines Notars.”
Ensure that the 48-hour registration deadline excludes cases requiring correction procedures and is counted in working days.
“Schnelligkeit darf allerdings nicht auf Kosten der Rechtssicherheit gehen. Daher sollte es unstrittig sein, dass diese Frist nicht in jenen Fällen gelten kann, in denen ein Verbesserungsverfahren durchzuführen ist. Die 48-Stunden-Frist wird als „Arbeitstagefrist“ (analog zur Frist des Art. 17) verstanden.”
Require a minimum share capital of 10,000 euros to prevent abuse and the creation of riskless companies that shift risks to the public and creditors.
Wants changes
Feedback on the proposal (2026) · 12 Jun 2026
Reject the possibility to start business activities without any minimum capital as it exposes the public and creditors to risk without shareholder liability.
How do shares and employee stock options work?
Backs it
Feedback on the proposal (2026) · 12 Jun 2026
Support the introduction of a common framework for employee stock options (EU-ESOs) to help attract and retain qualified talent across Europe.
What happens when it fails?
Against
Feedback on the proposal (2026) · 12 Jun 2026
Reject a special simplified insolvency procedure only for innovative start-ups as it does not protect creditor interests and exceeds EU competence.
Wants changes
Feedback on the proposal (2026) · 12 Jun 2026
Require that the EU Inc. informs all known creditors about its intended dissolution, not only the company register, and consider extending the 30-day notification period.
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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.