Societas Europaea
06 May 2011
International
2 min read
- Widely recognised European alternative for company structuring within the 30 member states of the EEA (Member States).
- It gives companies operating in more than one Member State the option of being established with a European corporate identity and operating with one set of rules and a unified management system or even as a single merged company.
- The possibility to choose between a one-tier and a two-tier management system provides a flexible tool to structure a company according to the individual needs of the founding entities.
- So far, companies have primarily used the SE to create a European identity, to set the ground for cross-border restructuring within the group and to determine employee participation.
- A new European corporate form, the European Private Company (SPE), aimed at small and medium-sized enterprises, is currently being discussed in Brussels and may well become another standard corporate vehicle across Europe in the future.
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