Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-02-Speech-4-279-000"
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"en.20120202.31.4-279-000"2
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"Articles 49 and 54 of the Treaty on the Functioning of the European Union guarantee freedom of establishment for all companies and firms. Cross-border company migration is one of the crucial elements in the completion of the internal market. The lack of consistency in legislation concerning transfers and procedures for transferring the registered office or actual seat of an existing company or firm incorporated under national law from one Member State to another, within the single market, and the associated risks in terms of employment, as well as the administrative difficulties, the costs generated, the social implications and the lack of legal certainty, should be noted.
Company mobility still encounters high administrative burdens as well as social and tax costs. Transfers of seats should maintain the continuity of the legal personality of the company or firm concerned, in order to ensure its proper functioning. The transfer should not affect the rights of stakeholders. The transfer procedure should be governed by strict rules as regards transparency and the provision of information to stakeholders prior to the transfer being carried out. I also believe that when the seat of a company is being transferred, it is important to ensure the coherence of the employee involvement procedures between the different legislative provisions contained in the company law directives."@en1
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