ARTICLE · 27 JULY 2007

European Economic Interest Groupings (EEIGs)

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An EEIG is the first attempt by the EU towards an EU company. An EEIG is not an EU company but it is a vehicle which allows companies or individuals of different EU States to combine and register in any EU country a grouping which has a legal personality and can operate across national frontiers.

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Jonathan Stagnetto

What Is An EEIG?

An EEIG is the first attempt by the EU towards an EU company. An EEIG is not an EU company but it is a vehicle which allows companies or individuals of different EU States to combine and register in any EU country a grouping which has a legal personality and can operate across national frontiers. The aim of the EEIG legislation is to create a vehicle, to work alongside companies governed by a particular national law. This will permit the creation of a "European dimension, free from obstacles arising from the disparity and limited territorial application of national company laws". It is formed to carry out particular tasks for its member owners and is quite separate from its owners' businesses. Its aim is to "facilitate or develop the economic activities of its member".

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