Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

New rules would make setting up a company in the EU easier

Jaclyn Jaeger | February 6, 2019

EU co-legislators agreed this week on new rules to facilitate establishing businesses electronically and to promote online operations throughout a company’s lifecycle. The new rules aim to save companies time and money, while increasing safeguards against fraud and abusive behaviour through online identity checks.

“Both institutions stayed committed to the common goal: to give European entrepreneurs a modern, safe, and transparent environment to operate,” said Tadeusz Zwiefka, a member of the European Parliament. “However, we need to remember that this is just a first step. It is high time European entrepreneurs benefited from new technologies, especially in their cross-border activities. We must continue to cut red tape for SMEs and dismantle the obstacles that European businesses face in the common market.”

The new rules...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.