5/3/2023 0 Comments Company law notes17 Member States (Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Hungary, Luxembourg, Netherlands, Poland, Romania, Slovenia, Slovakia, Sweden) have availed of the possibility provided by the Directive to have an extension of the transposition period by one year, i.e. Member States need to transpose this Directive by August 2021 (with longer deadline for some specific provisions). The Directive 2019/1151 of 20 June 2019 covers provisions on the use of digital tools and processes in company law. A large part of EU company law is now codified in a single Directive - Directive 2017/1132 relating to certain aspects of company law. EU company law rules cover issues such as the formation, capital and disclosure requirements, and operations (mergers, divisions) of companies:ġ. Make business more efficient, competitive and sustainable in the long termĮncourage businesses based in different EU countries to cooperate with each other.ĮU company reporting, auditing and transparency rules complement this legal framework.Ĭompany reporting and auditing What the EU is doing Provide protection for shareholders and other parties with a particular interest in companies, such as employees and creditors The purpose of EU rules in this area is toĮnable businesses to be set up and to carry out operations anywhere in the EU
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |