European added value assessment on a Directive on the cross-border transfer of company seats (14th Company Law Directive) : Annex II: Economic and social effects of the requested legislative instrument

At the present time, there exist only two indirect mechanisms for a company wishing to move cross-border its registered office within the EU without having to wind up the company in its home country. The company can either adopt the legal form of a Societas Europaea if it is a public company or undertake a cross-border merger with a company (already existing or specially established for this purpose) in the host country. A Directive which provides for a simple, cost-efficient process for transferring cross-border the registered office of a company would yield significant savings for companies wishing to do so.