Single-member company

BusinessEurope is fully supportive of the single-member company (SUP) proposal which comes to fill a well-identified gap. Unlike European citizens, legal persons (companies) in the EU cannot yet fully enjoy their fundamental freedom of movement/establishment.

There is still a strong need in Europe to have an instrument that helps especially small businesses expand their activities across borders. Only 2% of SMEs invest abroad by setting up companies in other countries, when the European market is made of 500 million consumers, a great source of opportunities to export their goods and services.

For the SUP proposal to have any substantial impact, the following elements should be preserved:

  • low minimum capital,
  • possibility for online registration and
  • uniform template for articles of association.
Last updated: 4 July 2016