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A European Private Company
Company
(Latin: societas privata Europaea, SPE) is a legal form for a limited liability company that is being proposed by the European Commission
European Commission
to be introduced across the European Union. It forms a company of limited liability, similar to the English limited company, the Austrian or the German GmbH, the Dutch BV, the Belgian BVBA
BVBA
or the French SARL. The aim of the proposal is to remove the current need for limited companies to reincorporate themselves in the corresponding legal form in all the EU member countries in which they want to trade, which represents a substantial administrative burden for small and medium enterprises.[1] It was proposed that the SPE company form be introduced across the EU and EEA area from July 2010. The SPE was finally set to arrive in 2011 and is being slowed down by the current ruling parties of Germany (CDU) to allow their own national alternative (the mini-GmbH) to grow first. The SPE could facilitate starting new businesses and European Integration and would thus help small businesses and entrepreneurs due to manageable capital requirements not too dissimilar to the British limited company (Ltd). See also[edit]

Societas Europaea Societas cooperativa Europaea

References[edit]

^ " Company
Company
law and corporate governance - European Commission". ec.europa.eu. 

. External links[edit]

"Think Small First": A Small Business Act for Europe http://www.europeanprivatecompany.eu

v t e

European corporate forms

Societas Europaea
Societas Europaea
(SE) Societas privata Europaea
Societas privata Europaea
(SPE) Societas cooperativa Europaea
Societas cooperativa Europaea
(SCE) Societas unius personae
Societas unius personae
(SUP; proposed)

European Union
European Union
portal Law portal See also: European economic interest grouping
European economic interest grouping
(EEIG)

Authority control

GND: 4998311-8

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