Brussels seeks amended law to facilitate cross-border moves
The European Commission aims to help companies move across borders more easily, introduce digital registrations that would save millions of euros, and stamp out fraud and abuse.

The European Commission has drafted legal provisions that would help companies move across borders more easily, introduce digital registrations that would save EU companies millions of euros, and stamp out fraud and abuse.
Under the new rules, there will be common procedures for how a company can move from one member state to another, merge, or divide into two or more entities across borders. While at present only 17 member states allow for full online registration, this will be harmonised across the bloc.
In the EU, national rules differ greatly and in some cases impose excessive administrative hurdles, discouraging companies from pursuing new opportunities. There is also a risk that shareholders’ and employees’ rights are not ad