Law Review International Journal of Law and Jurisprudence Open Source Online Publication Edited by the Union of Jurists of Romania and Universul Juridic Publishing House e-ISSN 2246-9435
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The project of the new european company

Luminita Tuleasca

 

Abstract

 

Designed as a real european company, with a minimum registered capital of EUR 1, largely accessible, easy to organize and cheap to run, the european private company is to represent a significant reform in the matte of company law in the European Union.

 

Without doubt, the adequacy of the european private company statute to the legal traditions of all member states is an important factor of its use by the foreseen beneficiaries: small and medium enterprises.

 

The advanced stage of the political procedures and negotiations related to the statute impose the analyzing of all the main features of the European Private Company, marked out in official documents and their comparison to those of the companies regulated in Romania and on other member states of the European Union, in order to determine the extent such new company shall represent or nor a new and effective instrument for doing business in the European Union.

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