At the moment, half of Europe is talking about the so-called „28th regime“. Many are wondering what this is actually supposed to be. A new state? A secret EU project? Or just another attempt to modernize the single market? In fact, it is a concept that sounds grand, but in essence describes an additional form of company that is supposed to be optional and purely voluntary. The name „28th regime“ comes from the fact that there would be another set of rules in addition to the 27 national legal systems - like an additional tool in an already full toolbox.
The idea behind it did not come about overnight. Start-ups, investors and some SMEs have been complaining for years that the EU consists of 27 very different economic areas. Depending on which country you start up in, you have to follow different rules: different founding formalities, different liability rules, different requirements for employee participation or raising capital. This is an obstacle for international tech companies and often a deterrent for founders. This is precisely where the EU institutions want to start.
