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The European Commission proposes new rules to help companies move across borders and find online solutions
The European Commission has published a proposal for a directive amending Directive (EU) 2017/1132 on cross-border conversions, mergers and divisions. The proposal includes new harmonised rules on cross-border conversions, to enable companies to convert cross-border by changing their legal form of one member state into a similar legal form of another member state.
The European Commission has published a proposal for a directive amending Directive (EU) 2017/1132 regarding the use of digital tools and processes in company law. The purpose of the amendments is broadly to remove significant additional regulatory burdens associated with registration, filing or access to company data incurred by applicants when registering companies or branches in other member states, and to ensure that cross-border registration of companies and branches can be performed in a more cost-effective way through online means.