100 days to save EU Inc: Europe’s tech leaders warn against watering down landmark reform

A coalition of Europe's top startup founders and investors have warned that the proposed European company statute, named EU Inc, could become ineffective if its essential features are altered during final negotiations. The signatories argue that EU Inc, designed to be a unified corporate framework for all 27 Member States, is crucial to reducing friction and encouraging investment in European businesses.

The letter, addressed to policymakers, emphasizes that if EU Inc is properly implemented, it could become Europe's economic engine. However, the current proposal faces pressure as policymakers negotiate the final text. The signatories request that the Parliament and Council ensure the final legislation delivers a truly European company form, rather than adding another layer on top of existing national systems.

Critical areas in need of preservation include the free choice of registered office, full recognition across the Single Market, broad access without restrictions, a single European register, and standardised stock options with tax obligations tied to actual disposals of shares. With only 100 days left to meet the deadline, EU Inc's future depends on the outcome of the ongoing negotiations between the European Parliament and Member States.