Press Release: Single-member private limited liability companies: Council agrees on general approach

On 28 May 2015, the European Council agreed on a compromise text for a draft directive aimed at creating a new status for single-member private limited liability companies.

The agreement is based on a compromise text tabled by the presidency. It constitutes the Council's general approach, which will serve as the basis for forthcoming negotiations with the European Parliament.

• Primary Source

ESO: Background information: Proposal for a Directive of the European Parliament and of the Council on single-member private limited liability companies http://www.europeansources.info/record/proposal-for-a-directive-of-the-european-parliament-and-of-the-council-on-single-member-private-limited-liability-companies/

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