EEIG & European Companies

EEIG Requirements A European regulation provides for the establishment of European Economic Interest Grouping (EEIG). The purpose of an EEIG is to facilitate and develop economic activities of members by pooling of resources, activities or skills. It is not intended the grouping should make profits for itself. If it does make any profits they will […]

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Mergers and Divisions

Mergers of Public Companies The third council Directive deals with mergers of public liability companies. In order to be subject to the merger, there must be a full absorption of one company in another or the formation of a new company. Whether mergers by acquisition or the formation of a new company the process consists […]

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Various Companies Matters

Shareholders’ Voting Rights I A Company law directive establishes minimum requirements to facilitate the exercise of shareholder rights at a general meeting of listed companies, particularly on a cross-border EU basis. It takes account of the possibilities offered by modern technology. The Directive applies to all companies with registered offices within the EU and shares […]

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Accounts & Audit

Requirements of Accounts The fourth company Directive deals with the annual accounts of limited companies. The annual accounts are to comprise a balance sheet, profit and loss account, and notes to the accounts.  The Directive lays down principles governing the contents of the documents. The directive provides for two balance sheet layouts leaving it to […]

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Takeovers

General An EU Directive on takeover bids sets minimum guidelines for the conduct of takeover bids involving the securities of companies governed by the law of an EU state or where the securities are admitted to trading on a regulated EU market. It seeks to provide an adequate level of protection for holders of securities […]

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EU Withdrawal Note Company Law

21 November 2017 NOTICE TO STAKEHOLDERS COMPANY LAW The United Kingdom submitted on 29 March 2017 the notification of its intention to withdraw from the Union pursuant to Article 50 of the Treaty on European Union. This means that unless a ratified withdrawal agreement1 establishes another date, all Union primary and secondary law will cease […]

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