Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-03-10-Speech-2-981"
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"en.20090310.28.2-981"2
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"At a time of a raging economic crisis, developing the SME sector is a highly desirable thing. We must strive to raise the administrative and legal barriers that are preventing anyone who wants to from starting up in business. Procedural requirements, red tape and high costs of registration should not get in the way of people who want to develop their business idea. New firms mean new workplaces, and hence economic recovery.
The European Union consists of 27 Member States with different legal systems and different systems for setting up companies. Creating an EU-wide form of business establishment – the European private company – will definitely make life easier for anybody who wants to start up in business, and will help to make the principle of the free movement of capital more effective.
Uniform requirements on establishing and carrying on an activity, a low share capital requirement and simplified registration methods will definitely make the European private company a success. It will provide an attractive alternative to national regulations. It will be fast, cheap and free of unnecessary formalities, but ensure a proper degree of legal certainty."@en1
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