World Library  
Flag as Inappropriate
Email this Article

Societas privata Europaea

Article Id: WHEBN0018133244
Reproduction Date:

Title: Societas privata Europaea  
Author: World Heritage Encyclopedia
Language: English
Subject: Cooperative, Corporate law, C corporation, Benefit corporation, Anpartsselskab
Collection: European Union Corporate Law, Legal Entities, Types of Business Entity
Publisher: World Heritage Encyclopedia
Publication
Date:
 

Societas privata Europaea

A European Private Company (Latin: societas privata Europaea, SPE) is a legal form for a limited liability company that is being proposed by the 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 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

References

  1. ^ European Commission page on the SPE
.

External links

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


This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.