‘Think small first’ – Small Business Act package launched for SMEs / SME-friendly European private company statute proposed by the Commission

A package of measures to support the EU's small and medium sized enterprises has been drawn up by the Commission. Highlighted for priority action in the Single Market Review last year, the SME sector is of major importance to the EU economy and the Small Business Act sets out concrete
measures of support and ten principles to guide future

A new company statute has been drawn up for SMEs and
entrepreneurs wanting to set up local or pan-European companies. The proposed European Private Company Statute (SPE) is designed to be a light and flexible company form highly suitable for cross-border expansion. It will be quick and less expensive to set up and flexible and transparent to operate.

• Primary Source

http://ec.europa.eu/internal_market/company/epc/index_en.htm http://ec.europa.eu/internal_market/company/epc/index_en.htm

EuropeanCommission: DG Enterprise and Industry: Policy Areas: Entrepreneurship: Small Business Act for Europe http://ec.europa.eu/enterprise/entrepreneurship/sba_en.htm

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