Setting Up a Limited Liability Company with Sole Shareholder in the European Union Countries

Abstract

Given the importance of legal rules as closely as possible to the legal systems of the European Union Member States in respect of the companies, several directives have been adopted, of which twelve present the essence of the operational mechanisms harmonization . The consecration of single-member company in positive law is determined by multiple motivations, and the relevance of its objectives is complex, for the reason of the diverse role it plays in the economic and social life, from which the existence of different single-member business derives:limited liability company, joint stock company, simplified joint stock company, dedicated assets, subjected to a personal legal system, difficult to compare, each of them to be therefore studied in the legal, economic, social and tax context of each country.

Keywords

• companies
• limited liability company with sole shareholder
• European Law