The European Economic Interest Grouping – A Chance for Multinationals?

Abstract:

Developed as a supranational corporate form intended to facilitate cross-border activity by natural and legal persons alike, the European Economic Interest Grouping (EEIG) arguably offers multinational enterprises looking to collaborate with other entities an efficient and effective corporate vehicle for their projects.

Though this form offers multinational enterprises many attractive features, certain drawbacks associated with this form may impede take-up by such entities. After a review of the development of the EEIG (part I), this paper will examine the features and purposes of this corporate form (part II), before looking at the benefits (part III) and the drawbacks associated with this form (part IV). In the conclusion, the author will review possible reforms to this corporate form.