Formation
The Statute provides four ways of forming a European limited company: merger, institution of a keeping company, formation of a joint subsidiary, or conversion of a unrestricted limited company previously formed under discipline law. Formation by merger is useable only to prevalent limited companies from different component States. Formation of an SE holding company is available to public and private limited companies with their registered offices in different fraction States or having subsidiaries or branches in phallus States other than that of their registered office. Formation of a joint subsidiary is available under the same circumstances to any legal entities governed by public or private law.
Minimum Capital
The E.C. must invite a minimum capital of 120 000 euros. Where a Member State requires a larger capital for companies exercising sure types of activity, the same requirement will also apply to an SE with its registered office in that Member State.
Registered Office
The registered office of the EC designated in the statutes must be the place where it has its central administration, that is to hypothesise its true centre of operations. The EC can easily change over its registered office within the Community - as is the case at present - without dissolving the company in one Member State in order to form a immature one in a nonher Member State.
Also The Council Directive complementing the Statute for a European company with regard to the affaire of employees in the European company.
Definition
Definition of employee participation: it does not mean participation in day-to-day decisions, which are a matter for the management, but participation in the supervision and strategical development of the company.
Participation
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