28th regime: the same thing as EU Inc.
Yes, they are one proposal. "28th regime" means one extra set of company rules beside the 27 national ones. "EU Inc." is the name of the company form those rules would create.
Can you set up an EU Inc. anywhere in Europe?
Anywhere in the EU, if the proposal is adopted. An EU Inc. would need its registered office and its main place of business inside the Union Art. 9. Founders could be people or companies, and the current draft sets no nationality or residence condition Art. 3.
Norway, Iceland and Liechtenstein are a step behind. The text is marked relevant to the EEA, but it would first have to be added to the EEA Agreement. Nobody there can found one.
Is tax the same everywhere under EU Inc.?
No. Under the proposal, tax stays national. Each country would keep taxing companies under its own rules, EU Inc. or not. Employment law, social security and accounting would stay national too Art. 105 · Art. 4 · Recital 83. The form would be shared; the tax would not.
EU Inc. advantages, if it is adopted
- No minimum capital. The draft sets none Art. 62. The company would still have to stay solvent under the draft's own rules Art. 63.
- Online from start to finish. Every step could be done online. A founder could be asked to appear in person only where identity fraud is suspected Art. 10.
- A fast route: 48 hours and a EUR 100 cap. This applies on one route only, the fast track using the EU templates Art. 16. Without the templates the draft gives five working days and states no fee cap Art. 17.
- One founder is enough, a person or a company Art. 3.
- Registered once, recognised across the EU. The company's legal personality would be recognised by every member state Art. 3.
EU Inc. disadvantages, and the open questions
- It does not exist yet. It is a proposal in first reading. The article that would set the start date still holds a blank Art. 109. The text can change before any vote.
- 27 tax systems stay. A founder would still pick a country, and with it that country's tax, payroll rules and accounting.
- A notary may still be involved. Each member state would choose administrative, judicial or notarial control, or a mix Art. 14.
- The fast route has a condition. Off the EU templates, the 48 hours and the fee cap fall away.
- Recognition has limits. Other states would recognise the company itself. Licences, tax status and sector rules would still follow other law.
Where it stands
Commission proposal COM(2026) 321, procedure 2026/0074(COD), in first reading. The latest step was on 17 September 2026: the council's company law working party examined the presidency compromise text. Next, forecast: indicative first-reading plenary sitting, 19 October 2026, forecast, not confirmed.
- The Commission published the proposal European Commission
- Referred to the Parliament's committees European Parliament
- The legal affairs committee (JURI) published its draft report JURI
- The Committee of the Regions adopted its opinion Committee of the Regions
- The economic affairs committee (ECON) adopted its opinion ECON
- Amendments tabled in the legal affairs committee JURI
- The employment committee (EMPL) adopted its opinion EMPL
- The Council's company law working party examined the Presidency compromise text Council of the European Union
The Council's working party meets behind closed doors and publishes no readouts; its meeting notices and cover notes appear on the Council document register, which refuses automated reads (read 2026-09-24). Council steps are added by hand from those notices. The record, with sources.
From the newsroom
Starting a company before EU Inc. exists
Today the only route is a national company. What each one takes: Belgium, Bulgaria, Croatia, Cyprus, Czechia, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Malta, Netherlands, Poland, Romania, Slovakia, Slovenia, Spain and Sweden, or all of them in one table.
Read from the proposal's own text on EUR-Lex and the Parliament's procedure file. Source: EUR-Lex, © European Union, 2026 · read 2026-09-30. For guidance only — not a substitute for the Official Journal.