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Prawo spółek i ład korporacyjny

EU rules in this area

The purpose of EU rules in this area is to

  • enable businesses to be set up and to carry out operations anywhere in the EU

  • provide protection for shareholders and other parties with a particular interest in companies, such as employees and creditors

  • make business more efficient, competitive and sustainable in the long term

  • encourage businesses based in different EU countries to cooperate with each other.

EU company reporting, auditing and transparency rules complement this legal framework.

Company reporting and auditing

Formation, capital, disclosure requirements and operations of companies

EU company law rules cover issues such as the formation, capital and disclosure requirements, and operations (mergers, divisions) of companies

Directive 2017/1132 - Digital company law 

A large part of EU company law is now codified in a single Directive - Directive 2017/1132 relating to certain aspects of company law.

The proposal for a Directive to further expand and upgrade the use of digital tools and processes in company law was adopted by the Commission on 29 March 2023. It aims to improve transparency and trust in the business environment in the single market, by making more information about companies publicly available and by ensuring that company information in business registers is reliable and up-to-date, and to reduce administrative burden when companies use company information from business registers in cross-border situations. The proposal will now be negotiated by the European Parliament and the Council.

Find all documents on the proposal for a Directive to further expand and upgrade the use of digital tools and processes in company law

Directive 2019/1151 of 20 June 2019 covers provisions on the use of digital tools and processes in company law. The transposition deadline for most provisions expired in August 2022 but Member States have till August 2023 to transpose certain Articles. Directive (EU) 2019/2121 of 27 November 2019 lays down new rules on cross-border conversions and divisions and amends the rules on cross-border mergers. Its transposition deadline expired in January 2023. This new set of rules will enable companies to use digital tools in company law procedures and to restructure and move cross-border, while providing strong safeguards against fraud and to protect stakeholders. 

The 2023 proposal and the 2019 Directives revise and complement Directive 2017/1132.

Directive 2012/17 - System of interconnection of business registers (‘BRIS’)

Directive 2012/17/EU and Commission Implementing Regulation (EU) 2021/2042 set out rules on the system of interconnection of business registers (‘BRIS’). BRIS is operational since 8 June 2017. It allows EU-wide electronic access to company information and documents stored in Member States’ business registers via the European e-Justice Portal. BRIS also enables business registers to exchange information between themselves on cross-border operations and on companies and their cross-border branches. The implementation report on the development of BRIS, and in particular on its technical operation and financial aspects as regulated by Directive 2012/17/EU, was published on 29 March 2023.


Directive 2009/102 - single-member companies

Directive 2009/102/EC provides a framework for setting up single-member companies.

Regulation 2157/2001 and Regulation 2137/85 - EU legal entities rules

Two Regulations provide rules on EU legal entities: Regulation 2157/2001 sets out a statute for a European Company (Societas Europea or ‘SE’),i.e. a EU legal form for public limited liability companies, and allows companies coming from different Member States to run their business in the EU under a single European brand name. Regulation 2137/85 sets out a statute for a European Economic Interest Grouping (EEIG),i.e. a EU legal form for a grouping formed by companies or legal bodies and/or natural persons carrying out economic activity coming from different Member States; the purpose of such a grouping is to facilitate or develop the cross-border economic activities of its members. 

Corporate governance issues

 EU company law rules also address corporate governance issues, focusing on relationships between a company’s management, board, shareholders and other stakeholders, and therefore, on the ways the company is managed and controlled.

  • Shareholders rights Directive 2007/36/EC   sets out certain rights for shareholders in listed companies

    This Directive was amended by Directive (EU) 2017/828, which aims to encourage more long-term engagement of shareholders.

    Furthermore, the 2018 Commission Implementing Regulation (EU) 2018/1212 lays down minimum requirements as regards shareholder identification, the transmission of information and the facilitation of the exercise of shareholders rights.

  • Takeover bids Directive 2004/25/EC  sets out minimum standards for takeover bids (or changes of control) involving securities of EU companies.

  • In the framework of the 2020 Capital Markets Union Action Plan, and more specifically, under the tasks envisaged under Action 12, aiming at facilitating shareholder engagement, the Commission committed to examining possible national barriers to the use of new digital technologies in the interaction between investors, intermediaries and issuers. A Staff Working Document was issued on 21.12.2022 (SWD(2022) 447 final), on the assessment and conclusions on this point of Action 12.

    16 STYCZNIA 2023
    Commission staff working document on Action 12 of 2020 Capital Markets Union Action Plan
    (539.25 KB - PDF)

Corporate Sustainability Due Diligence

In line with the overall Commission objective of a just transition to a sustainable economy and a sustainable recovery after the COVID crisis, the European Green Deal Communication and Commission’s Recovery Plan confirmed the importance of embedding sustainability into corporate governance. The proposal for a Directive on Corporate Sustainability Due Diligence (COM(2022)71), adopted by the Commission on 23 February 2022, aims at better enabling companies to identify and mitigate actual or potential human rights and environmental adverse impact in the companies’ operation and value chains. The proposal (all EU-languages) is now in co-legislative process.

Corporate governance and remuneration for banks and investment firms

Specific rules on corporate governance and remuneration apply to banks and investment firms. The aim of these rules is to curb excessive risk taking, and thereby ensure financial stability.

Thus, while systemic investment firms remain under the banking rules, non-systemic investment firms are subject to a bespoke regime. For more information: Prudential rules for investment firms

Expert groups and stakeholder platforms

Informal Expert Group on Company Law and Corporate Governance (ICLEG)

This group – consisting of company law professors and professionals - advises the Commission in the preparation of company law initiatives. The group was first set up in 2014 and renewed its membership in 2019 following a new call for applications in light of new challenges for company law and corporate governance. Find more information on the ICLEG group and on its work

Online Platform on Corporate Governance

This is a digital space for information sharing and the exchange of best practices on a number of different corporate governance topics, ranging from investor stewardship to sustainability. The platform encourages a dialogue between companies, investors, private and public stakeholders and aides the Commission in evaluating whether former measures achieve their purpose in practice. To find out more, please send an email to