EU Inc. is the European Commission's proposed pan-European company form (COM/2026/321), published 18 March 2026 and currently being negotiated by the European Parliament and the Council of the EU. This page tracks every public legislative step the file has taken, with the source document linked on every event.
For a plain-English explanation of what EU Inc. is, see What is EU Inc.. For the running list of every primary source we use, see Sources.
The Commission's Competitiveness Compass names the 28th regime as a 2026 priority. This is the moment the file moves from "policy paper" to "active workstream." Both the Letta and Draghi reports, published in 2024, had argued for a unified European company form. The Compass is the Commission's signal that it is going to act on those reports.
The European Parliament adopts recommendations on the file under procedure 2025/2211(INI). The text lays down what Parliament wants to see in the Commission proposal: zero minimum capital, EU-ESO with deferred tax, digital incorporation, and a clear scope statement excluding labour and tax. The Commission's eventual draft, published two months later, reflects most of these positions.
Proposal COM/2026/321 goes public, alongside an annex, factsheet, and impact assessment. The text covers all six confirmed items in our "what's confirmed" list (regulation not directive, registration target, digital procedures, share classes, EU-ESO, simplified winding-up). It leaves four items open for negotiation, including the registration mechanism and any tax layer. This is the first day on which a serious analysis of the EU Inc. design is possible, because before this, all anyone had was leaks.
The European Council, meeting 36 hours after the proposal goes public, endorses the "One Europe, One Market" agenda and names the 28th regime a 2026 priority in its conclusions. The endorsement does not bind member-state ministers in the Council of the EU, who do the actual negotiating, but it makes it harder for any one capital to slow the file without political cost.
The political target. Parliament and Council aim to reach a trilogue agreement before year-end and adopt the regulation. This is where the largest schedule risk sits. Trilogue files have run six to eighteen months past their political target before. We will write to you the day this slips, if it slips, with the source on which it slipped.
Entry into force follows formal adoption. The text contemplates a transition period during which national business registers prepare their interfaces and the Commission publishes implementing acts on the technical specifications. President António Costa has indicated implementation extends into late 2027. The day the regulation actually applies is the day registration of EU Inc. companies opens.
We watch six EU sources every working day: the Commission press corner, EUR-Lex, the European Parliament's Legislative Train, the Council's working-party agendas and minutes (where public), the plenary calendars, and the trade press (mainly Tech.eu and the legal trade press). When something moves, we update this page within the working day and email waitlist subscribers a one-paragraph summary of the change with the source link.
We do not update this page on a content calendar. If the file is quiet for six weeks, this page does not change for six weeks, and you do not get an email for six weeks. The full list of sources we monitor is on the Sources page.