Where an order is made by a ‘competent authority’ of another Member State approving the completion of a cross-border merger, every UK company involved in the merger must deliver a copy of the order to the Registrar for registration not more than 14 days after the date on which it was made. Any order in a foreign language must be accompanied by a certified translation.
EEIGs were established by Council Regulation (EEC) No 2137/85. This is referred to in this booklet as 'the Regulations'. The Regulations require Member States to make further provisions in respect of EEIGs under national law in order to give practical effect to the EU Regulations.
In this system an ‘administrative organ’ manages the SE. The administrative organ must meet at least once every three months. A chairman must be appointed from amongst the members.
No one existing company obligated to become European Company but if they wish to operate in a series of different Member States without establishing themselves as an SE they will have to respect a series of national laws governing company start-ups, often at considerable legal and administrative cost.
Swiss resident company, whose primary business is abroad, may pay a substantially reduced cantonal / municipal taxes of total income with no taxation abroad.
All persons pay VAT if they import services on the amount of more than 10.000 Swiss Francs in a calendar year and if he/she is liable to customs duties.
All information and documents provided to the registered agent under these provisions will remain strictly confidential, subject to the particular country laws. This information will not become part of any official public record.
The law applicable, in the Member State where the SCE has its registered office, to public limited-liability companies regulating the content of the letters and documents sent to third parties need to apply by analogy to that SCE.
The founder members need to draw up the statutes of the SCE in accordance with the provisions for the formation of cooperative societies laid down by the law of the Member State in which the SCE has its registered office. The statutes have to be in writing and signed by the founder members.
The capital of an SCE has to be expressed in the national currency. An SCE whose registered office is outside the Euro-area may also express its capital in euro.
The rules on the involvement of employees in the European cooperative society are laid down in Directive 2003/72/EC(12), and those provisions thus form an in dissociable complement to this Regulation and are to be applied concomitantly.
Where an order is made by a ‘competent authority’ of another Member State approving the completion of a cross-border merger, every UK company involved in the merger must deliver a copy of the order to the Registrar for registration not more than 14 days after the date on which it was made. Any order in a foreign language must be accompanied by a certified translation.
EEIGs were established by Council Regulation (EEC) No 2137/85. This is referred to in this booklet as 'the Regulations'. The Regulations require Member States to make further provisions in respect of EEIGs under national law in order to give practical effect to the EU Regulations.
In this system an ‘administrative organ’ manages the SE. The administrative organ must meet at least once every three months. A chairman must be appointed from amongst the members.
No one existing company obligated to become European Company but if they wish to operate in a series of different Member States without establishing themselves as an SE they will have to respect a series of national laws governing company start-ups, often at considerable legal and administrative cost.
Swiss resident company, whose primary business is abroad, may pay a substantially reduced cantonal / municipal taxes of total income with no taxation abroad.
