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European Company model applications in Euro-Asian Union

European Company model applications in Euro-Asian Union

          
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About the Book

Internationality in doing business was always one of the important factors of successful business since ancient times, when Europeans traded with Asians through the Silk Road throughout of centuries. Setting a company that is free to move over the borders was never an easy or affordable task. Now, borders limit the business making across the borders and set bureaucratic procedures ahead of the companies who wish to move from one state to another, or merge with the other company to set up a new cross border company. In this regard, since last century, legal and corporate experts were striving to bring a new company form that can move, merge and transfer its seat from one state to another. This goal is somewhat achieved by European Union in 2001, when Council Regulation on the Statute for a European Company was introduced by European Parliament, which presented a Societas Europaea (SE) or European Company, a public company that is flexible to transfer its registered seat and to merge with other companies in other European Union (EU) member states. Although the impression on SE is still controversial, the number of registered companies as the SE achieved 2695 by March of 2017. The SE is discussed in many jurisdictions around the world, and many believe that it will be the modern model for company law which will help to extend businesses across the borders. It is also viewed as optimal way of merging companies, with low cost and high tax benefits in the EU. Another positive feature of the SE is the employee involvement on decision making of the company. This gives great opportunities for employees in term of employment rights and for the company on improving productivity and morale of the people incentivising their proactive approach. In this regard, the SE structure/framework can be adopted partially or fully by the other association of states as a future model of business entity. A potential candidate is Eurasian Economic Union (EAEU), which is newly formed and building its framework based on European experience. However, the SE has its own disadvantages and advantages which will be analysed on this paper and its theoretical and practical possibilities for being used as a role model for future supra-national business entity forms in the EAEU.


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Product Details
  • ISBN-13: 9798647272188
  • Publisher: Independently Published
  • Publisher Imprint: Independently Published
  • Height: 203 mm
  • No of Pages: 122
  • Spine Width: 7 mm
  • Width: 127 mm
  • ISBN-10: 8647272188
  • Publisher Date: 20 May 2020
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 140 gr


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