Source: European Parliament
The Competitiveness Compass[1] announced the initiative on the 28th regime as one of the key measures to contribute to EU competitiveness and to make business easier and faster in Europe.
This initiative will provide a single set of rules for companies. It would include an EU corporate legal framework, based on digital-by-default solutions, and will help companies overcome barriers in setting up, scaling up and operating companies across the Single Market.
Such a 28th regime would offer companies a choice to carry out their activities across the Single Market through an EU-wide legal status.
It is to be determined whether the proposal would be adopted as a European legal form or whether a new harmonised national legal form for companies would be more appropriate.
However, in both cases, these rules would apply in all Member States and company founders would have a choice whether to adopt a legal form under the 28th regime or whether to adopt an existing national legal form.
This corporate legal framework will be complemented by targeted actions in other policy areas to help innovative companies, start-ups and scale-ups develop in the S ingle Market.
Whether and what tax law elements could be included remains to be determined. This initiative may be complemented with additional features depending on the outcome of upcoming consultations.
The public consultation on the 28th regime will be launched before the summer of 2025 and the proposal is planned to be adopted in the first quarter of 2026.
- [1] COM(2025) 30 final.