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Regulation (EC) No 2157/2001

 

I. General Information

Title

Council Regulation  (EC) No 2157/2001 of 8 October 2001 on the Statute for a European company (SE)

Status: Existing
Description

The Statute for a European Company was adopted in 2001 and entered into force in 2004, some 30 years after it was first proposed to the Commission. Regulation (EC) No 2157/2001 instigating it (the SE regulation) was supplemented by Directive No  2001/86/EC (the SE directive) establishing the rules with regard to the involvement of employees in the SE, thereby recognising their place and role in the business.

By creating this structure, the EU facilitated the operation of companies wishing to expand their business at the community level.

Combined application of the SE regulation and national law

An SE with its headquarters in an EU country is governed:

  • by the provisions of the regulation; and
  • for those aspects not covered by the regulation, by the national provisions adopted in application of European measures targeting the SE specifically and those applicable to public limited liability companies. As a guide, winding-up, liquidation, insolvency and suspension of payments are in large measure governed by the applicable national law.

Two possible organisation structures

The statutes of the European company can relate to two different systems:

  • the two-tier system that provides for a management board and a supervisory board in addition to the general meeting of shareholders; and
  • the single-tier system that provides simply for the general meeting and an administrative board.

Lack of tax harmonisation

The SE are subject to taxes and charges in all EU countries where their administrative centres are situated.

Employee involvement in the SE

No SE may be established without a model of employee involvement being selected by agreement between the management and the employees themselves. This agreement must of necessity include information and consultation procedures and, where appropriate, employee involvement in the management bodies of the SE. This involvement is nevertheless only mandatory if the employees already benefited from it before the creation of the SE.

Where the two parties are unable to reach a satisfactory arrangement, a series of standard principles listed in an annex to the directive then apply.

 

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Regulation (EC) No 2157/2001
Source O.J. EC No L (Legislation), Edition 294, Year 2001, p.1 - 21
Adoption 10/08/2001
Promulgation 11/10/2001
Character Regular Act
Legal Basis Art. 308 AEUV
Legislative Procedure Codecision procedure
 

II. Versions and Legislative History

 

1. Versions

  (EU) No 517/2013
    05/13/2013 (A)
    06/10/2013 (P)
Regulation (EG) Nr. 2157/2001 amended by

Council Regulation  (EU) No 517/2013 of 13 May 2013 adapting certain regulations and decisions in the fields of free movement of goods, freedom of movement for persons, company law, competition policy, agriculture, food safety, veterinary and phytosanitary policy, transport policy, energy, taxation, statistics, trans-European networks, judiciary and fundamental rights, justice, freedom and security, environment, customs union, external relations, foreign, security and defence policy and institutions, by reason of the accession of the Republic of Croatia

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(A) Adoption | (P) Promulgation
 

2. Legislative History

10/08/2001 Council decision Europäischer Rat, 14886/00 Englisch
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09/04/2001 Commission position ABL C E/2002/72 p. 64 Deutsch
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01/24/1991 Report of the European Parliament - 1st reading Abl. C/1991 48/112 Deutsch
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05/21/1990 Opinion of the European Economic and Social Committee Abl. C 124, Jahr 1990, p. 34 Deutsch
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08/25/1989 Proposal Abl. C 263, Jahr 1989 p.41 Deutsch
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III. Umsetzung in den Mitgliedstaaten

 

1. Implementation in Germany

12/22/2004 (A)
12/28/2004 (P)

 Gesetz zur Einführung der Europäischen Gesellschaft

Deutsch
(A) Adoption | (P) Promulgation
 

IV. Other

 

1. Other

Europäische Kommission
04/04/2011

Liste der zuständigen Behörden gemäβ dem Statut der Europäischen Gesellschaft

PDF-Datei
Europäische Kommission
11/17/2010

Bericht über die Anwendung der Verordnung  (EG) Nr. 2157/2001 über das Statut der Europäischen Gesellschaft (SE)

PDF-Datei
 

V. Literature

Arbeitskreis Aktien- und Kapitalmarktrecht (AAK)

Vorschläge zur Reform der Mitbestimmung in der Societas Europaea (SE)
Navigationspfeil ZIP 2010, 2221

Seibt, Christoph H.

Größe und Zusammensetzung des Aufsichtsrats in der SE
Navigationspfeil Zip 2010, 1057

Language:
Deutsch Deutsch
English Englisch
Francais Französisch
Chinese Chinesisch

Legende

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Vorhaben Vorhaben
Inkraft Inkraft
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Dokumente
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Englisch Englische Fassung
Französisch Franz. Fassung
PDF-Datei Sonstige PDF-Datei
Dokument Sonstiges Dokument
Externer Link Externes Dokument

Overview

I. General Information
II. Versions and Legislative History
1. Versions
2. Legislative History
III. Umsetzung in den Mitgliedstaaten
1. Implementation in Germany
IV. Other
1. Other
V. Literature

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