{"id":6190,"date":"2026-03-23T10:25:15","date_gmt":"2026-03-23T09:25:15","guid":{"rendered":"https:\/\/www.terrinassociati.com\/the-eu-inc-and-the-28-member-state-system\/"},"modified":"2026-03-23T10:25:15","modified_gmt":"2026-03-23T09:25:15","slug":"the-eu-inc-and-the-28-member-state-system","status":"publish","type":"post","link":"https:\/\/www.terrinassociati.com\/en\/the-eu-inc-and-the-28-member-state-system\/","title":{"rendered":"The EU Inc. and the 28th Regime"},"content":{"rendered":"<p>With the Communication of March 18, 2026, the European Commission presented the <strong>proposal<\/strong> for the so-called <strong>28th Regime<\/strong>, namely a Regulation for the creation of a <strong>harmonized corporate legal framework<\/strong>.<\/p>\n<p>The main innovation is certainly the so-called <strong>EU Inc.<\/strong>, namely a new form of <strong>limited liability company<\/strong> that will be integrated into the legal systems of all Member States and recognized throughout the EU.<\/p>\n<p>From the document presented, it emerges that the EU Inc. will have the following <strong>characteristics<\/strong>: <\/p>\n<ul>\n<li><strong>Limited<\/strong> liability of shareholders;<\/li>\n<li>Acquisition of <strong>legal personality<\/strong> upon registration in the business register of the Member State of registered office;<\/li>\n<li>Possibility of <strong>incorporation<\/strong> <strong>ex novo and directly,<\/strong> by one or more natural\/legal persons, or through <strong>extraordinary transactions<\/strong> (conversion, merger, demerger, including cross-border);<\/li>\n<li>Assignment of a <strong>European unique identifier<\/strong> (EUID) at the time of registration;<\/li>\n<li><strong>Indefinite<\/strong> duration, unless otherwise provided in the articles of association.<\/li>\n<\/ul>\n<p>The <strong>key regulation<\/strong> to refer to would consist of the EU Regulation, as well as the articles of association of the EU Inc.<\/p>\n<p>The <strong>incorporation procedures<\/strong> are also important: in particular, a central EU interface will be established to allow the incorporation of the EU Inc. <strong>entirely online<\/strong>. Furthermore, the incorporation procedure is characterized by <strong>extremely fast timelines<\/strong> (namely, within 48 hours from submission of the application) and by having a <strong>maximum cost of \u20ac100<\/strong> (including administrative, judicial\/notarial, and documentary control). Once registration is completed, <strong>automatic transmission of corporate data<\/strong> to the main competent authorities (tax, social security, beneficial ownership registers, etc.) is provided.  <\/p>\n<p>The regulation of contributions and capital is also interesting. Specifically, <strong>no minimum capital is required<\/strong> and <strong>shares<\/strong> may be <strong>without nominal value<\/strong> and <strong>not represent a fraction of the share capital<\/strong>. Furthermore, shares would be <strong>dematerialized<\/strong> and registered in a <strong>single digital register<\/strong>, with constitutive effect of ownership, as well as <strong>freely transferable<\/strong> (subject to statutory restrictions).  <\/p>\n<p>Broad operational scope is also provided. Indeed, the EU Inc. may issue <strong>convertible financial instruments<\/strong>, access <strong>multilateral trading facilities<\/strong> and request admission of its shares to <strong>trading on regulated markets<\/strong>.  <\/p>\n<p>Great importance is also given to the <strong>prohibition of discriminatory requirements<\/strong>, as Member States may not impose less favorable treatment compared to limited liability companies incorporated under their own national law.<\/p>\n<p>Finally, strong emphasis is placed on the use of <strong>exclusively digital procedures<\/strong> for the entire life cycle of the EU Inc. (incorporation, operations, financing and conclusion). <\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the Communication of March 18, 2026, the European Commission presented the proposal for the so-called 28th Regime, namely a Regulation for the creation of a harmonized corporate legal framework. The main innovation is certainly the so-called EU Inc., namely a new form of limited liability company that will be integrated into the legal systems [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":6195,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-6190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.terrinassociati.com\/en\/wp-json\/wp\/v2\/posts\/6190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.terrinassociati.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.terrinassociati.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.terrinassociati.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.terrinassociati.com\/en\/wp-json\/wp\/v2\/comments?post=6190"}],"version-history":[{"count":0,"href":"https:\/\/www.terrinassociati.com\/en\/wp-json\/wp\/v2\/posts\/6190\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.terrinassociati.com\/en\/wp-json\/wp\/v2\/media\/6195"}],"wp:attachment":[{"href":"https:\/\/www.terrinassociati.com\/en\/wp-json\/wp\/v2\/media?parent=6190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.terrinassociati.com\/en\/wp-json\/wp\/v2\/categories?post=6190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.terrinassociati.com\/en\/wp-json\/wp\/v2\/tags?post=6190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}