Corporate Mobility in Europe and its Consequences for Estonian Law
Kull, I. (ed.) Development of Estonian Contract and Company Law in the Context of the Harmonized EU Law I. (Tartu University Press) 2007
28 Pages Posted: 27 May 2014
Date Written: June 10, 2007
Abstract
A paper deals with problems related to the regulatory competition authorized by European Court of Justice rulings. As the foundation of UK Ltd is cheap due to non-existing minimum capital requirement the other Member States have an opportunity to oppose the situation by low foundation costs. Until the cross-border transfer of seat is not regulated on the EU level its seems to be premature for Member States start settling these issues themselves.
Keywords: corporate mobility, freedom of establishment, Centros, regulatory competition, company law, siege reel
JEL Classification: K22, G34, H73
Suggested Citation: Suggested Citation