EU Inc · Regulation text
The EU Inc Regulation, article by article
The full text of the Commission proposal for the EU Inc Regulation (COM(2026) 321), article by article, with the Council's changes marked for each article and short plain-words notes on the rules founders ask about.
- Proposal, not law
- Commission proposal: 18 Mar 2026
- Council mandate: agreed 23 Oct 2026
- Parliament: no committee vote yet
- Updated 11 Nov 2026
How this text is built
The article text is the Commission proposal, reproduced verbatim from the registered PDF; only line breaks from the PDF have been joined. Footnote markers and footnotes are omitted. The recitals and the Annex of the Commission proposal (published separately as ST 7498/26 ADD 1) are not reproduced; read them in the register copy.
Council badges and the collapsible Council text (23 Oct 2026) come from the formatting of the mandate: bold additions and struck-through deletions. Article titles are bold throughout the mandate, so a changed title is shown only where the wording differs. The Council's new Annex I on the content of the articles of association is reproduced at the end with its markings.
Count: 109 Commission articles; 85 amended, 19 deleted and 5 unchanged by the Council; 10 new Council articles.
How to cite
Cite the official documents, and link to this page for convenience. Each article has a stable anchor #art-N; numbered paragraphs have #art-N-pK.
Commission proposal COM(2026) 321 final, Art. 21(4); Council mandate ST 14376/26 of 19 October 2026, Art. 21. Annotated text: BCA EU, bcaeu.com/en/eu-inc/regulation#art-21 (version of 11 November 2026).
Short form in our articles: Art. 21 of the EU Inc proposal.
Sources and reuse
- Commission proposal COM(2026) 321 final of 18 March 2026, as registered by the Council: ST 7498/26. Commission announcement: European Commission, 18 March 2026.
- Council mandate for negotiations with the European Parliament: ST 14376/26 of 19 October 2026, agreed by Coreper on 23 October 2026. In its Annex, additions are in bold and deletions in strikethrough compared with the Commission proposal.
- Procedure file 2026/0074(COD): European Parliament Legislative Observatory.
Text of the proposal and of the Council mandate © European Union, 2026, reproduced with attribution under the Commission reuse policy (Decision 2011/833/EU). Only the documents in the registers are authentic. Plain-words notes, badges and layout are by BCA EU.
Contents
The text is split into four parts to keep pages fast. Links of the form /en/eu-inc/regulation#art-21 forward to the right part.
Chapter I
General principles
- Art. 1Subject matteramendedPart 1
- Art. 2DefinitionsamendedPart 1
- Art. 3Legal form and general principlesunchangedPart 1
- Art. 4Rules applicable to EU Inc.amendedPart 1
- Art. 5Legal personalityamendedPart 1
- Art. 6Name of the EU Inc. company and of its branchamendedPart 1
- Art. 7Articles of associationamendedPart 1
- Art. 8EU templates for standard articles of associationamendedPart 1
- Art. 9Registered office, central administration and principal place of businessamendedPart 1
- Art. 10Principle of digital-only proceduresamendedPart 1
- Art. 11PaymentsamendedPart 1
- Art. 12Employee participationamendedPart 1
Chapter II
Eu central interface, formation and filing
- Art. 13Company application formamendedPart 1
- Art. 14Preventive controlamendedPart 1
- Art. 15EU central interfaceamendedPart 1
- Art. 15aTrade mark informationnewPart 1
- Art. 16Fast-track formation through the EU central interfaceamendedPart 1
- Art. 17Formation trough the EU central interface without using EU templatesamendedPart 1
- Art. 18Fully online formation with the business registeramendedPart 1
- Art. 19Formation of EU Inc. subsidiariesunchangedPart 1
- Art. 20Once-only submission for authoritiesamendedPart 1
- Art. 21Creation through domestic and cross-border conversions, mergers or divisionsamendedPart 1
- Art. 22Disqualified directorsamendedPart 1
- Art. 23Signature of digital filing via EU central interfaceamendedPart 1
- Art. 24Electronic filing agentamendedPart 1
Chapter III
Accessibility and cross-border use of eu inc.
Council title: Accessibility and cross-border use of eu inc. information- Art. 25Documents and information to be made available in the business registeramendedPart 1
- Art. 26Documents and information to be made available through BRISamendedPart 1
- Art. 27Filing and up-to-date register documents and informationamendedPart 1
- Art. 27aEnforcement of registration requirementsnewPart 1
- Art. 28Once-only principle for company data during the lifecycle of the EU Inc.amendedPart 1
- Art. 29Duty to disclose the identity of companies and branchesamendedPart 1
- Art. 30EU Company CertificateunchangedPart 1
- Art. 31Digital EU power of attorneyamendedPart 1
- Art. 32Exemption from legalisation and any similar formality and related safeguardsamendedPart 1
- Art. 33Exemption of translationamendedPart 1
- Art. 34Central digital registerdeletedPart 1
- Art. 35Provisions related to BRISamendedPart 1
Chapter IV
Cross-border branches
Council title: Cross-border branches and mobility- Art. 36General principlesunchangedPart 2
- Art. 37Branch registrationamendedPart 2
- Art. 38Branch application formamendedPart 2
- Art. 39Once-only submission of branch and company data to authoritiesamendedPart 2
- Art. 40Availability of documents and information regarding branchesamendedPart 2
- Art. 41Cross-border mobilityamendedPart 2
Chapter V
Organisation
- Art. 42Company bodiesamendedPart 2
- Art. 42aSupervisory bodynewPart 2
- Art. 43Representation of the companyamendedPart 2
- Art. 44Directors’ dutiesamendedPart 2
- Art. 45Directors´ conflicts of interestamendedPart 2
- Art. 46Related party transactionsamendedPart 2
- Art. 47Meetings and voting by electronic meansamendedPart 2
- Art. 47aConvocation of general meetingsnewPart 2
- Art. 47bParticipation rights, record date and agendanewPart 2
- Art. 47cConduct of the general meetingnewPart 2
- Art. 48Written resolutionsamendedPart 2
- Art. 49Quorum and majoritiesamendedPart 2
- Art. 50Amendment of the articles of associationdeletedPart 2
- Art. 51Protection of class rightsamendedPart 2
- Art. 52Withdrawal of a shareholderamendedPart 2
Chapter VI
Digital register, shares and share transfers
- Art. 53Registered sharesamendedPart 2
- Art. 54Digital register of sharesamendedPart 2
- Art. 55Equality of shares and classes of sharesamendedPart 2
- Art. 56Exercise of shareholder rightsamendedPart 2
- Art. 57Voting rightsamendedPart 2
- Art. 58Transfer of sharesamendedPart 2
- Art. 59Digital procedure for the transfer of sharesamendedPart 2
- Art. 60Access to public markets for sharesamendedPart 2
Chapter VII
Financing
- Art. 61Non-par value of sharesamendedPart 3
- Art. 62Amount of capitalamendedPart 3
- Art. 63Maintenance of equityamendedPart 3
- Art. 64Consideration for sharesamendedPart 3
- Art. 65Requirements for in-kind considerationsamendedPart 3
- Art. 66Issuance of first sharesamendedPart 3
- Art. 67Issuance of new sharesamendedPart 3
- Art. 68Instruments entitling to new sharesamendedPart 3
- Art. 69Pre-emptive rightsunchangedPart 3
- Art. 70Capital increaseamendedPart 3
- Art. 71Capital increase from reservesamendedPart 3
- Art. 72DistributionsamendedPart 3
- Art. 73Subscription of own sharesamendedPart 3
- Art. 74Acquisition of own sharesamendedPart 3
- Art. 75Treatment of own sharesamendedPart 3
- Art. 76Redeemable sharesamendedPart 3
- Art. 77Capital reductionamendedPart 3
Chapter VIII
Eu employee stock option plan
- Art. 78EU-ESOamendedPart 3
- Art. 79Taxation of warrants under the EU-ESOamendedPart 3
Chapter IX
Closure of solvent eu inc. companies
Council title: Nullity and closure of eu inc. companies- Art. 79aRulesnewPart 3
- Art. 79bNullitynewPart 3
- Art. 80DissolutiondeletedPart 3
- Art. 81NullitydeletedPart 3
- Art. 82Once-only submission of data and digital communication during liquidationamendedPart 3
- Art. 83Fast-track liquidationamendedPart 3
- Art. 84Fast-track liquidation procedureamendedPart 3
- Art. 85Opposition of creditorsamendedPart 3
- Art. 86Deadlines for the closure of the procedureamendedPart 3
- Art. 87Removal from the business registeramendedPart 3
Chapter X
Insolvency proceedings
Council: chapter deleted- Art. 88Scope of application of the simplified winding-up of EU Inc. innovative startupsdeletedPart 4
- Art. 89Rules on winding-up of innovative startupsdeletedPart 4
- Art. 90Insolvency practitionerdeletedPart 4
- Art. 91Means of communicationdeletedPart 4
- Art. 92Request for the opening of simplified winding-up proceedingsdeletedPart 4
- Art. 93Decision on the request for the opening of simplified winding-up proceedingsdeletedPart 4
- Art. 94Stay of individual enforcement actionsdeletedPart 4
- Art. 95Lodgement and admission of claimsdeletedPart 4
- Art. 96Decision on the procedure to be useddeletedPart 4
- Art. 97Electronic auction systems for the sale of the assets of the debtordeletedPart 4
- Art. 98Interconnection of the electronic auction systemsdeletedPart 4
- Art. 99Costs of establishing and interconnecting electronic auction systemsdeletedPart 4
- Art. 100Responsibilities of the Commission in connection with the processing of personal data in the system of interconnection of electronic auction platformsdeletedPart 4
- Art. 101Sale of the assets by electronic auctiondeletedPart 4
- Art. 102Decision on the closure of the simplified winding-up proceedingsdeletedPart 4
Chapter XI
Prohibited requirements
Council title: Prohibitedrequirements and wholly artificial arrangements- Art. 103List of prohibited requirementsamendedPart 4
- Art. 103aWholly artificial arrangementsnewPart 4
Chapter XII
Final provisions
- Art. 104Data protectionamendedPart 4
- Art. 105AccountingamendedPart 4
- Art. 106PenaltiesamendedPart 4
- Art. 107CommitteesamendedPart 4
- Art. 108Reporting and reviewamendedPart 4
- Art. 108aExercise of the delegationnewPart 4
- Art. 109Entry into force and date of applicationamendedPart 4
Annex I
Content of the articles of association
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