28th regime – EU Inc.: What is the impact for workers?

The so-called 28th regime is an EU initiative to create a legal framework that companies can choose instead of operating under one of the 27 national company law systems. It is a harmonised rulebook—often referred to as “EU Inc.”—covering a company’s lifecycle from incorporation to restructuring or exit. Initially, the intention of the proposal was aimed at start-ups / scale-ups , making it easier and cheaper for them to operate and expand across borders through fast, digital registration and uniform rules. The current proposal that the European Commission launched applies to all companies and not restricted to start- or scale-ups. This new European company law system would exist alongside the national systems.