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Council of the European Union Adopts Directive to Remove Barriers and Facilitate EU companies' Cross-Border Conversions, Mergers, and Divisions

26 November 2019

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Approved Changes

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European Union

On 18 November 2019, the Council of the European Union adopted a Directive amending Directive (EU) 2017/1132 to remove unjustified barriers and facilitate EU companies' cross-border conversions, mergers, and divisions. The amending Directive will enter into force 20 days after its publication in the Official Journal of EU and Member States will have 36 months to bring into force the laws, regulations, and administrative provisions necessary to comply with the Directive. --- EU makes it easier for companies to restructure within the single market The EU is removing unjustified barriers to EU companies' freedom of establishment in the single market....