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EU Inc. Project
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About
The EU Inc. Project, initiated by the European Commission, aims to create a unified legal entity for startups and growth companies in the EU, facilitating easier cross-border operations and reducing administrative burdens, while providing access to a vast consumer market and supporting innovation in the region.
Benefits
- 💻 Online Registration
- Quick online registration process expected to be completed within 48 hours
- 📉 Reduced Administrative Costs
- Lower cross-border legal and administrative costs for companies
- 💰 Unified Capital Structure
- Simplified fundraising through a standardized capital structure
- 🌍 Access to Large Market
- Connection to a consumer market of 450 million people in the EU
- 🚀 Support for Innovation
- Enhances and complements existing national company systems to support innovation
Eligibility Criteria
- 🌍 Geographic Eligibility
- Open to startups from EU member states, the UK, and Switzerland
- 🏢 Legal Status
- Must be a legally registered company within the EU or mentioned countries
- 💼 Business Stage
- Targeted at startups and growth companies
- 💰 Financial Requirements
- No specific financial criteria mentioned, but must be capable of cross-border operations
- 👥 Team Requirements
- No specific team size or composition requirements mentioned
Participation Commitments
- 📍 Compliance with Regulations
- Must comply with the new unified company law system
- 🏢 Operational Requirements
- Must operate within the EU framework for cross-border activities
- ⏰ Time Commitment
- Engagement in the project as it develops and evolves
Target Region
Open to startups in the EU, UK, and Switzerland
Target Sector
Focused on technology entrepreneurship and business innovation
European Commission