EU COMPANY STATUTE
October 1st, 2004
BY KEITH NUTHALLAFTER 30 years of discussions, a European Union (EU) Company Statute is now in place, allowing the creation of European holding companies, joint subsidiaries or merged operations, theoretically able to work seamlessly in at least two member states. That's the theory, claims the European Commission, but not the practice. Only Belgium, Austria, Denmark, Sweden, Finland and Iceland have so implemented the directive creating the statute, meaning anyone wanting to create a European company in the other 21 EU member states and two European Economic Area ...
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