Cross-border activities

Currently, a number of companies operate in several countries of the European Union at the same time. Each country has different rules on taxation, taxes, accounting, employees, etc.

A company operating in one European country and wishing to expand into another European country may consider setting up a European Company.

A European Company is a type of public limited-liability company that allows for operations to be carried in different European countries using a single set of rules.

To establish a European Company, the following conditions must be met simultaneously:

• the registered office and the head office must be in the same EU country;
• there must be a presence in EU countries other than the country of the registered office;
• there must be a minimum subscribed capital of EUR 120 000;
• an agreement with employees’ representatives must be in place.

The National Trade Register Office must report at European level on the establishment of the European Company, within one month from the publication of the requested documents. The abbreviation SE is used to designate a European Company.