A 28th Regime that works for all European businesses
A 28th Regime that works for all European businesses
– Gathering a growing coalition of around 200 leaders from European businesses, the campaign ‘28 for all’ calls on the EU and its Member Statesto act with ambition and speed on the 28th Regime proposal.
– The law could become the most significant EU reform for businesses in over two decades and must be treated with the utmost priority.
– Representatives from European business organisations and companies put forward three non-negotiable conditions for a framework that truly delivers: the 28th regime must take the form of a regulation, be open to all European companies, and be simple enough for any company to register under.
A strong ecosystem of homegrown businesses is Europe’s most powerful lever for competitiveness. Yet the Single Market still makes scaling across borders too complex and too costly for European companies to grow at speed.
The forthcoming proposal on the 28th Regime carries rare stakes. A unified corporate framework across all 27 Member States could finally deliver what the Single Market has long promised: consistent and predictable rules for enterprises operating cross-border.
The signatories urge the EU and its Member States to rise to the ambition of a 28th Regime that is:
– Open to all. Regardless of sector, size, or date of incorporation. Restricting access to start-ups or spuriously defined ‘’innovative’’ firms would defeat the purpose of a Single Market instrument. Every business should be able to opt in to become a European company.
– A regulation. Any legal form subject to national transposition would recreate the very fragmentation this reform is meant to eliminate. For this reason, only a regulation can guarantee direct and harmonised applicability.
– Simple. Registering under the 28th Regime must be at least as straightforward as under existing national frameworks. The once-only and digital-by-default principles should therefore be non-negotiable.
It is high time to turn the promises of boosting competitiveness into concrete action. The signatories stand ready to collaborate with the EU institutions and Member States to make the 28th Regime the transformative framework Europe needs.
The full campaign statement and the overview of signatories can be found at 28forall.eu. Interested European companies and business organisations who would still like to support the campaign can still pledge their support on the website.