Home / Text tracker
Text tracker
Where does EU Inc stand?
The Council has its negotiating mandate. Parliament does not have a position yet: the committee vote failed in October. Until it does, trilogue cannot start, and no EU Inc company can exist before late 2028 at the earliest.
What has happened
-
Proposal for a regulation tabled
The Commission proposes EU Inc as an optional European company form. Its impact assessment expects about 308,000 EU Inc companies over ten years. [4]
-
JURI committee vote postponed
The Legal Affairs committee postpones its vote on the report. [3]
-
JURI committee vote fails
The vote fails on the question of employee rights. Parliament has no negotiating position until the committee agrees on a text. [3]
-
Negotiating mandate adopted under the Irish presidency
Registration in 48 hours for €100 at most, a fast track and a slower standard procedure, anti-money-laundering grounds for refusal, and 21 months before application. [1][2]
What has to happen next
These steps are sequential. None of them has a date yet.
Parliament adopts its position
JURI has to agree on a report, then the plenary votes it. This is the current blocker.
Trilogue
Commission, Council and Parliament negotiate a single text. This is where free choice of seat and employee participation will be decided.
Political agreement, then formal adoption
Our estimate is 2027. The regulation then enters into force after publication in the Official Journal.
Application
21 months after entry into force in the Council position. First EU Inc companies in late 2028 or in 2029.
Settled, contested, open
The state of each point that matters to an existing company, as far as public sources allow.
| Point | State | What we know |
|---|---|---|
| Registration time and cost | In the Council mandate | 48 hours and €100 at most on the fast track. A standard procedure with reinforced checks is slower. [1][2] |
| Conversion of existing companies | In the Council compromise | Open to companies active for two years or with two approved financial years. [5] |
| Access by company size | Not capped | The 750-employee and €150M-turnover ceiling applies to the European stock-option plan only, not to the regime itself. [1] |
| Free choice of the country of registration | Contested | Founders’ groups say it is being removed. To be settled in trilogue. [3] |
| Anti-money-laundering checks | Added by the Council | New grounds for refusing a registration. They are the reason for the slower standard procedure. [1][2] |
| Employee rights and participation | Blocking in Parliament | The reason the JURI vote failed. Trade unions and founders pull in opposite directions. [3] |
| Tax, payroll, labour law | Remain national | Outside the scope of the regulation. They follow where the activity really takes place. [1] |
Sources
- The Brussels Times, 23 October 2026 Council position: 48 hours, €100, ceiling limited to stock options, 21 months.
- Matheson, Council negotiating mandate Fast-track and standard procedures, reinforced checks.
- Euronews, 26 October 2026 Blockage in the JURI committee, criticism from founders and unions.
- Trending Topics, Commission impact assessment 308,000 companies expected over ten years.
- Council of the EU, compromise text ST 12824/2026 Two-year rule for conversion. Read in extract only.
One email per legislative step
Be told when the text moves
Parliament vote, trilogue, political agreement, application date. One email each time, nothing in between, and three questions that help us build what you would actually use.