Online Formation of Companies in Selected Jurisdictions of the European Union: Issues and Challenges

Abstract

States of the European Union to ensure that the registration of companies is carried out fully online. This publication examines, which obligations have been undertaken by the Member States in the field of online company formation, and whether these obligations have already been fulfilled in selected jurisdictions: Germany, Poland, Lithuania, and the Netherlands. The research focuses on Lithuanian experience, while other jurisdictions are selected due to their successes in creating market conditions and implementing EU law. For these purposes, comparative, systemic and historic methods have been used. The paper also elaborates on the existing recommendations and studies in the field. The research has shown that there have been considerable divergencies in legal regulation of online registration of companies in different EU Member States, and there is still room for unification.