Europe’s startup founders and investors today released a letter warning that EU Inc, the proposed European company statute designed to let businesses incorporate under one common framework and operate across all 27 Member States, could become unusable if its central features are weakened during the final negotiations.
In the letter addressed to policymakers, signed by Europe’s leading founders and investors, the signatories argue that the European Parliament and Member States must ensure that the final legislation delivers a genuinely European company form, rather than adding another layer on top of 27 national systems. The letter asserts:
“If we get EU Inc right, it will remove much of the friction and fragmentation that continue to throttle European companies, unlock investment and spur a new wave of entrepreneurship.
You will decide whether EU Inc becomes Europe's economic engine or a legal structure so diluted that nobody uses it.”
Progress made, but critical gaps remain in the Commission’s EU Inc proposal
