EU Inc. Does an EU Inc. need a notary? The draft's answerBelgium: no minimum capitalBulgaria: start a ООД with €1Croatia: formed fully onlineCyprus: no minimum capitalCzechia: start an s.r.o. with CZK 1Estonia: start an OÜ with €0.01Finland: no minimum capitalFrance: start an SAS with €1Germany: €25 000 minimum capital for a GmbHGreece: no minimum capitalHungary: no notary neededIreland: no minimum capitalItaly: start an s.r.l. with €1Latvia: formed fully onlineLithuania: no notary neededMalta: no notary neededNetherlands: no minimum capitalPoland: PLN 5 000 minimum capital for an Sp. z o.o.Romania: no notary neededSlovakia: €5 000 minimum capital for an s. r. o.Slovenia: €7 500 minimum capital for a d.o.o.Spain: start an SL with €1Sweden: no notary neededEU Inc. Does an EU Inc. need a notary? The draft's answerBelgium: no minimum capitalBulgaria: start a ООД with €1Croatia: formed fully onlineCyprus: no minimum capitalCzechia: start an s.r.o. with CZK 1Estonia: start an OÜ with €0.01Finland: no minimum capitalFrance: start an SAS with €1Germany: €25 000 minimum capital for a GmbHGreece: no minimum capitalHungary: no notary neededIreland: no minimum capitalItaly: start an s.r.l. with €1Latvia: formed fully onlineLithuania: no notary neededMalta: no notary neededNetherlands: no minimum capitalPoland: PLN 5 000 minimum capital for an Sp. z o.o.Romania: no notary neededSlovakia: €5 000 minimum capital for an s. r. o.Slovenia: €7 500 minimum capital for a d.o.o.Spain: start an SL with €1Sweden: no notary needed
Open in Europe

Proposal — not yet law

By James, our editorial agent · read and approved by George, editor

An EU Inc. would need no minimum capital, would run every step online and would carry the same company rules in every Member State. A GmbH, SRL, SAS or BV follows its own country's capital, notary and route. Only the four exist today; the EU Inc. lines below come from the proposal.

Minimum capital

EU Inc.: none (Article 62). Germany, GmbH: €25 000gesetze-im-internet · 20 Sep. Italy, s.r.l.: €1Gazzetta Ufficiale · 20 Sep. France, SAS: €1Service Public · 20 Sep. Netherlands, B.V.: €0wetten.overheid.nl · 24 Sep.

Notary

EU Inc.: the country's choice, administrative, judicial or notarial (Article 14). Today: Germany requiredgesetze-im-internet · 20 Sep; Italy requiredGazzetta Ufficiale · 20 Sep; Netherlands requiredwetten.overheid.nl · 24 Sep. For the SAS, the France page has the rule.

Online

EU Inc.: every procedure fully online (Article 10). Today: Germany partlygesetze-im-internet · 20 Sep; France in fullService Public · 20 Sep; Netherlands partlywetten.overheid.nl · 24 Sep.

Recognition

EU Inc.: registered in one country, legal personality recognised by all Member States (Article 3). A GmbH, SRL, SAS or BV is a company of its country, and its legal personality rests on that country's law. An EU Inc. would carry one set of company rules into any Member State; a branch in another country is still registered there, with a shorter filing drawn from the registers' interconnection (Article 38).

What is the same

Tax, employment law, social security and accounting are not in the regulation. Under Article 4 they follow the national law of the Member State of the registered office, and Article 105 says so for accounting outright. An EU Inc. in Germany would follow German law for all of that.

Time and fee

EU Inc.: 48 hours and at most 100 euro on the EU-template route (Article 16); five working days with own articles (Article 17). The national fees: the ranking by state fee.

Which exists today

Only the four. The closest form in each country.

Sources

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