European economic interest grouping in the context of "Regulation (European Union)"

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⭐ Core Definition: European economic interest grouping

A European Economic Interest Grouping (EEIG) is a type of legal entity of the European corporate law created on 25 July 1985 under European Community (EC) Council Regulation 2137/85. It is designed to make it easier for companies in different countries to do business together, or to form consortia to take part in EU programmes.

Its activities must be ancillary to those of its members, and, as with a partnership, any profit or loss it makes is attributed to its members. Thus, although it is liable for VAT and employees’ social insurance, it is not liable to corporation tax. It has unlimited liability. It was based on the pre-existing French groupement d´intérêt économique (G.i.e.).

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European economic interest grouping in the context of Agencies of the European Union

The European Union and Euratom have agencies, decentralised independent bodies, corporate bodies and joint undertakings which are established as juridical persons through secondary EU legislation and tasked with a specific narrow field of work. They are a part of the wider set of bodies of the European Union and Euratom and are therefore distinct from:

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