What is EU Inc.? The European Commission proposal aims to make it easier to start, grow and expand a business across the EU with simpler rules, digital registration and fewer barriers.
Backed by the European Commission under President Ursula von der Leyen, EU Inc. could allow companies to register within 48 hours for less than €100, attract investment more easily and operate across the EU under a more standardised framework, while national tax, labour and social rules continue to apply.
In this video:
00:00 Why expanding across the EU is complicated
00:16 What is EU Inc.?
01:02 Register a company in 48 hours for less than €100
01:20 Funding and investment
01:37 Tax, labour and social rules
02:07 What happens next
02:22 A simpler EU Single Market
Just a remark: When you found a company in Germany (a “GmbH”) it is possible to pay only half of the capital (EUR 12,500), even without guarantee by the founder(s) afaik.