Statute for a European Company (SE)

By adopting the resolution by Mr Hans-Peter MAYER (EPP-ED, D) approving a regulation on the statute for a European Company, Parliament welcomes in principle the agreement finally reached by the European Council at its Summit in Nice. (Please refer to the previous text). It should be noted that the Parliament adopted a series of amendments tabled by the Liberal group which mainly seek to simplify and improve the Commission's proposal in areas such as taxation, formation, registration, conversion and internal organisation of a SE. The purpose of these amendments is to secure a higher degree of legal certainty, to reduce the administrative burden for the SEs and to ensure a more uniform treatment of companies. �