The proposal, introduced by the Commission in March, offers a streamlined path for small firms to register online for €100 without minimum capital requirements. During Thursday’s debate in Strasbourg, Slovakian MEP Ludovít Ódor framed the initiative as a necessary step for European scalability. He invoked the Delaware model as a point of comparison, noting that while the U.S. state serves as a primary hub for corporate domicile, the EU must balance such efficiency with robust worker protections.
EU Parliament Pushes for ‘28th Regime’ Corporate Framework
European lawmakers have cautiously endorsed the 'EU Inc.' initiative, a proposed 28th regime designed to streamline cross-border business operations. By offering a unified tax base and simplified registration, the plan aims to foster startups, though critics fear it could inadvertently trigger a race to the bottom for labor standards.
Ireland, currently holding the rotating EU presidency, views the framework as a catalyst for improving the bloc's overall operating environment. However, the plan faces stiff resistance from left-wing factions. René Repasi, the S&D lawmaker steering the parliamentary position, argues the current draft prioritizes liberalization at the expense of necessary safeguards. He is pushing for amendments that would mandate employee board-level participation and stronger anti-money laundering measures to prevent 'regime shopping,' where companies might exploit regulatory gaps to bypass local labor laws and collective agreements.
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