As part of its legislative package on company law (see other article) the European Commission put a draft directive on the table on Wednesday 25 April. This aims to facilitate the use of digital tools for registering companies and managing their online information.
A key factor in the proposal includes: the fact that member states will now have to provide a procedure entirely online for setting up and managing a company. So far, only 17 member states have allowed for this possibility.
The...