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31 points whyoh | 1 comments | | HN request time: 0.226s | source
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dadoum ◴[] No.44396501[source]
It makes me wonder what is a Societas Europaea then. I thought it was some kind of pan-European legal entity, even though it's probably not suited for startups at all, as it looks quite complicated to set-up from what I read on Wikipedia. If anyone has more insights, I am interested to learn more about that.
replies(2): >>44396545 #>>44397277 #
1. esbranson ◴[] No.44397277[source]
Per the Wikipedia article, the "SE must have a minimum subscribed capital of €120,000 as per article 4(2) of the directive".[1] Note that it's the regulation, not the directive, with the requirement.[2] It appears the OP's article discusses an alternative 28th regime model suitable for startups.[3] See also the recent European Commission project group on the subject.[4]

[1] https://en.wikipedia.org/wiki/Societas_Europaea#Minimum_capi...

[2] https://eur-lex.europa.eu/eli/reg/2001/2157

[3] https://en.wikipedia.org/wiki/28th_regime

[4] https://commission.europa.eu/document/download/7f3e1d1e-e406...