European Company Statute | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-01-02

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Societas_Europaea


00:01:14 1 Main provisions
00:01:24 1.1 Formation
00:02:24 1.2 Minimum capital
00:02:55 1.3 Registered office
00:03:44 1.4 Laws applicable
00:03:58 1.5 Registration and liquidation
00:04:26 1.6 Statutes
00:06:46 1.7 Annual accounts
00:07:10 1.8 Taxation
00:07:44 1.9 Winding-up
00:08:17 2 Status of the legislation and implementation
00:09:00 2.1 United Kingdom
00:10:17 3 Employee participation
00:12:16 3.1 Definition
00:12:38 3.2 Participation
00:14:23 3.3 Employment contracts and pensions
00:14:58 4 Development
00:16:35 5 Registrations
00:17:39 6 See also



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SUMMARY
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A societas Europaea (SE; Latin pronunciation: [soˈci.e.taːs ew.roːˈpae.a]; Latin for European society or company; plural: societates Europaeae) is a public company registered in accordance with the corporate law of the European Union (EU), introduced in 2004 with the Council Regulation on the Statute for a European Company. Such a company may more easily transfer to or merge with companies in other member states.
As of April 2018, more than 3,000 registrations have been reported, including the following nine components (18%) of the Euro Stoxx 50 stock market index of leading Euro Area companies (excluding the SE designation): Airbus, Allianz, BASF, E.ON, Fresenius, LVMH Moët Hennessy Louis Vuitton, SAP, Schneider Electric and Unibail-Rodamco.National law continues to supplement the basic rules in the Regulation on formation and mergers. The European Company Regulation is complemented by an Employee Involvement Directive that sets rules for participation by employees on the company's board of directors. There is also a statute allowing European Cooperative Societies.