The European Commission presented, on Wednesday 29 March, its proposal for a directive on extending and improving the use of digital tools and processes in EU company law.
“Today, our proposal is mainly aimed at companies, especially SMEs that operate between two or more Member States. We want to remove the obstacles that prevent them from carrying out these activities”, said the EU Commissioner Justice, Didier Reynders.
The text firstly proposes to reduce administrative formalities and...