Societas privata Europaea: Difference between revisions
m Ssolbergj moved page European Private Company to Societas Privata Europaea over redirect: Per Talk:Societas_Europaea#Requested_move_19_May_2015 |
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{{Corporate law|EU/EEA}} |
{{Corporate law|EU/EEA}} |
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A '''European Private Company''' ({{langx|la|'''societas privata Europaea'''}}, '''SPE''') was a [[legal]] form for a [[limited liability]] company proposed by the [[European Commission]] to be introduced across the [[European Union]]. It would have formed a [[Private limited company|company of limited liability]], similar to the English [[limited company]], the Austrian or the German [[GmbH]], the Dutch [[Besloten Vennootschap|BV]], the Belgian [[BVBA]] or the French [[Société à responsabilité limitée|SARL]]. The aim of the proposal was to remove the current need for limited companies to reincorporate themselves in the corresponding legal form in all the EU member countries in which they want to trade, which represents a substantial administrative burden for [[small and medium enterprises]].<ref>{{cite web|url=http://ec.europa.eu/internal_market/company/epc/index_en.htm|title=Company law and corporate governance - European Commission|website=ec.europa.eu}}</ref> |
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It was proposed that the SPE company form be introduced across the EU and [[European Economic Area|EEA]] area from July 2010. The SPE was finally set to arrive in 2011 and is being slowed by the current ruling parties of Germany ([[Christian Democratic Union of Germany|CDU]]) to allow their own national alternative (the [[mini-GmbH]]) to grow first.{{cn|date=February 2020}} The SPE could facilitate starting new businesses and European Integration and would thus help small businesses and entrepreneurs due to manageable capital requirements not too dissimilar to the British limited company (Ltd). |
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However, the European Commission withdrew the proposal in 2014 due to opposition within the [[European Parliament]], which was concerned that it might compromise worker's [[co-determination]] rights.<ref>{{Cite web |date=2023-10-31 |title=Company law {{!}} Fact Sheets on the European Union {{!}} European Parliament |url=https://www.europarl.europa.eu/factsheets/en/sheet/35/company-law |access-date=2024-01-30 |website=www.europarl.europa.eu |language=en}}</ref> |
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== See also == |
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* [[European Company Statute]] |
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==See also== |
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* [[Societas Europaea]] |
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* [[Societas cooperativa Europaea]] |
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==References== |
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{{reflist}} |
{{reflist}} |
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== |
==External links== |
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*[http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/1003&format=HTML&aged=0&language=EN&guiLanguage=en "Think Small First": A Small Business Act For Europe] |
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* http://www.europeanprivatecompany.eu |
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{{European Union topics|state=collapsed}} |
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{{European corporate forms}} |
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{{Authority control}} |
{{Authority control}} |
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[[Category: |
[[Category:European Union corporate law]] |
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[[Category:Types of business entity]] |
[[Category:Types of business entity]] |
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{{econ-stub}} |
{{econ-stub}} |
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Latest revision as of 19:10, 25 October 2024
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A European Private Company (Latin: societas privata Europaea, SPE) was a legal form for a limited liability company proposed by the European Commission to be introduced across the European Union. It would have formed a company of limited liability, similar to the English limited company, the Austrian or the German GmbH, the Dutch BV, the Belgian BVBA or the French SARL. The aim of the proposal was to remove the current need for limited companies to reincorporate themselves in the corresponding legal form in all the EU member countries in which they want to trade, which represents a substantial administrative burden for small and medium enterprises.[1]
It was proposed that the SPE company form be introduced across the EU and EEA area from July 2010. The SPE was finally set to arrive in 2011 and is being slowed by the current ruling parties of Germany (CDU) to allow their own national alternative (the mini-GmbH) to grow first.[citation needed] The SPE could facilitate starting new businesses and European Integration and would thus help small businesses and entrepreneurs due to manageable capital requirements not too dissimilar to the British limited company (Ltd).
However, the European Commission withdrew the proposal in 2014 due to opposition within the European Parliament, which was concerned that it might compromise worker's co-determination rights.[2]
See also
[edit]References
[edit]- ^ "Company law and corporate governance - European Commission". ec.europa.eu.
- ^ "Company law | Fact Sheets on the European Union | European Parliament". www.europarl.europa.eu. 2023-10-31. Retrieved 2024-01-30.
External links
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