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Implementation of the European Company Statute.
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M2 Presswire
- Article date:
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October 6, 2003
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M2 PRESSWIRE-6 October 2003-UK Government: Implementation of the European Company Statute(C)1994-2003 M2 COMMUNICATIONS LTD
RDATE:10062003
A new form of company, which may make it easier for businesses to structure and carry out cross-border activities within the EU, will be available from next year under government plans published today.
The European Company Statute will create the legal framework for a new corporate entity - the European Company or "Societas Europea" (SE), available to businesses operating in more than one member state.
Draft legislation, published today for consultation, will transpose the European Company Statute into national law.
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