se) is a public company registered in accordance with the corporate law of the european union (eu), introduced in 2004 with the council regulation on the statute for a european company. the member or members of the management board have the power to represent the company in dealings with third parties and in legal proceedings. the member or members of the administrative board have the power to represent the company in dealings with third parties and in legal proceedings.
other member states have no such requirement, and furthermore in these states such practices are largely unknown and considered a threat to the rights of management. one approach is to harmonize the company law of the member states. while it establishes some common eu rules on the se, these rules are incomplete, and the holes in the rules are to be filled in using the law of the member state in which the se is registered. registrations of new societates are to be published in the official journal of the european union.
the se regulation is directly applicable in all member states of the eu and the eea. another reason for establishing an se is the entrepreneurial co-determination of its employees, which is unique in its german form. however, an exception applies in case an se is established by way of change of a company’s legal form, in which the existing level of co-determination has to be maintained.
the se is the only legal form in germany that, at the time of founding, allows the choice between the “dualistic system” with separate management and supervisory boards, or the “monistic system” with a single management and supervisory body, the administrative board. in addition to the general assembly, the administrative board is the only corporate body of the company. in practice, the acquisition of a previously established se has proved to be an alternative to the statutory founding options. there are no special tax provisions, rather the se regulations refer to the general tax law of the state where the company has its seat.
a societas europaea is a public company registered in accordance with the corporate law of the european union, introduced in 2004 with the council regulation on the statute for a european company. such a company may more easily transfer to or merge with companies in other member states. se) is a public company registered in accordance with the corporate law of the european union (eu), introduced in 2004 with the council regulation on the the european company, also referred to as “se” because of its latin name “societas europaea,” is a relatively new legal form that is gaining popularity the european company – also known as se (societas europea in latin) – is a type of public limited-liability company that allows you to run your, european company names, european company names, se legal form in germany, se regulation, cheapest company formation in europe.
the european company (also: societas europaea – se) is a legal form for companies in the eu. it was created on the basis of “council regulation (ec) no. a european stock corporation (“societas euro- paea”, abbreviated “se”) is a type of corporation which can be established in any european union. se is the abbreviation for societas europeae which is the (formal) latin name for “european company”. every company established under the european company, se european country, online company registration in europe, se company, societas europaea, societas europaea regulation, setting up a branch office in europe, societas europaea meaning, basf se, european company, european company (se).
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