Hello from Athens ☀️ and the EU–INC team. We have something big to share today:
As you might know, after two years of campaigning, 26,000 signatures, and countless conversations with founders, investors, and policymakers across Europe, the European Commission published a proposal for a corporate legal framework this March. They even named it after our campaign.
That was a big moment. But a proposal with our name on it doesn’t automatically mean it will create a real standard.
So we did a legal deep dive on behalf of the European startup community. We collaborated with top legal experts from Dentons, Orrick, Herrington & Sutcliffe LLP, Bird & Bird. Here’s what we found and what it means for startups:
It’s not the 28th regime we originally campaigned for. It’s not one fully harmonized European startup entity. It’s not a centralized EU company law.
It acts more like a plug-in into every country’s existing legal system.
But if implemented correctly, it can achieve the same goal: a real pan-European standard.
It works similar to how in the US, companies choose to register in Delaware but actually operate in California – under California taxes and laws.
This is possible because of the free choice of registration seat.
But this free choice is also the one thing that makes or breaks it. Without it, EU–INC becomes 27 national regimes sharing a logo. Fragmentation with slightly better branding.
Several lobby groups are actively pushing to remove that clause. The very clause that makes this useful and makes a real standard possible.
This is not the time to be quiet. June is our window to act.:
Post about EU–INC. Ask for One Europe. One Standard.
Tag your MEPs and heads of state. Ask them to protect the free choice of registration seat and to implement this correctly so it creates a real European standard, not a half-measure.
The startup ecosystem needs to be louder than the lobby groups.
The next phase, until July 16, really matters.
This is Europe's startup moment, and we need your help to get it right.
→ Read our legal deep dive & position paper: eu-inc.org
#EUINC #OneEuropeOneStandard
Axel Voss Pascal Canfin René Repasi Sergey Lagodinsky Arash Saeidi and Mario Mantovani