#BusinessNews The EU wants to let you launch a company in 48 hours for under €100. 🚀

the European Commission presented its proposal for EU Inc., a new single set of corporate rules, building the cornerstone and starting point for the EU's 28th regime. EU Inc. is an optional, digital-by-default European corporate framework. It will make it easier for businesses to start, operate and grow across the EU – incentivizing them to stay in Europe, and encourage those who once looked elsewhere to return.

Today, for far too many entrepreneurs and innovative companies, expanding across EU borders means navigating a fragmented corporate legal landscape. European innovative companies are faced with 27 national legal systems and more than 60 company legal forms. This complexity can delay the setting-up of a company for weeks or even months, slowing growth, raising costs and discouraging scale.

EU Inc. is at the heart of the Commission's response to these challenges: coming in the form of a regulation, it will provide a single harmonized set of corporate rules that companies can choose instead of navigating multiple national regimes, unlocking the true potential of the Single Market.
via: ec.europa.eu read more on this press release @ https://ec.europa.eu/commission/presscorner/detail/en/ip_26_614