S.L. compared with EU Inc
| Subject | Today | With EU Inc | What it changes for you |
|---|---|---|---|
| Legal form across countries | A different national form for each entity | The same form and model articles for every entity that converts | Uncertain Depends on the number of member states where you have entities: no gain in a single country, the main benefit for a group in several. |
| Setting up and amending the articles | Notarial deed required Checked on 13 Nov 2026 Public deed before a notary, registered in the Registro Mercantil. | Online procedure, model articles supplied by the regulation | Uncertain Potentially the clearest difference for you. The notary’s role in the standard procedure is not settled in our sources. |
| Minimum share capital | €1; extra reserve and liability rules below €3,000 Checked on 13 Nov 2026 | Not established in our sources. To follow in the final text. | Unchanged Nothing at stake: your minimum is already symbolic. |
| Registration time and cost | Set by your national registry | 48 hours and €100 at most on the fast track | Uncertain Applies to new registrations. The conversion procedure itself is not detailed yet. |
| Employee representation on boards | No mandatory rule for your legal form Checked on 13 Nov 2026 No general rule today. A government proposal is under negotiation. | Unresolved. This is what made the JURI vote fail on 19 October 2026. | Unchanged Probably little effect for you. |
| Employee stock options | A national regime, different in each country | A European plan for companies under 750 employees and €150M turnover | Would change Relevant if you grant equity to employees in several countries. |
| Country of the registered office | Spain | Free choice of the country of registration is contested | Uncertain Do not build a plan on moving your seat. |
| Corporate tax and VAT | National rules of each country of activity | Same national rules | Unchanged Nothing. It follows where the activity really takes place. |
| Payroll and social contributions | National rules of each country of employment | Same national rules | Unchanged Nothing. It follows where the activity really takes place. |
| Labour law | National law and collective agreements | Same national rules | Unchanged Nothing. It follows where the activity really takes place. |
Sources for this legal form : boe.es, worker-participation.eu