EU Parliament Pushes for ‘28th Regime’ Corporate Framework

The proposal, introduced by the Commission in March, offers a streamlined path for small firms to register online for €100 without minimum capital requirements. During Thursday’s debate in Strasbourg, Slovakian MEP Ludovít Ódor framed the initiative as a necessary step for European scalability. He invoked the Delaware model as a point of comparison, noting that while the U.S. state serves as a primary hub for corporate domicile, the EU must balance such efficiency with robust worker protections.

Ireland, currently holding the rotating EU presidency, views the framework as a catalyst for improving the bloc's overall operating environment. However, the plan faces stiff resistance from left-wing factions. René Repasi, the S&D lawmaker steering the parliamentary position, argues the current draft prioritizes liberalization at the expense of necessary safeguards. He is pushing for amendments that would mandate employee board-level participation and stronger anti-money laundering measures to prevent 'regime shopping,' where companies might exploit regulatory gaps to bypass local labor laws and collective agreements.