This Practice Note provides an introduction to European Economic Interest Groupings (EEIGs), covering their formation, corporate status, membership and winding up and their advantages and disadvantages.
What is an European Economic Interest Grouping (EEIG)?
An EEIG is an association between companies or other entities from different EU Member States who want to operate together across national frontiers.
The statutory basis for the EEIG is Council Regulation (EEC) 2137/85 (EEIG Regulation).
The EEIG Regulation allows Member States to make certain provisions under national law in relation to EEIGs. This means that there are some differences across the EU in the laws applying to EEIGs in relation to legal capacity, management and auditing.
Note that when the UK left the EU, it became impossible for an EEIG to be registered in the UK. A legislative framework was put into place prior to ensure that any EEIGs were registered in the UK immediately before the end of the transition period on 31 December 2020 were automatically converted into UK Economic Interest Groupings or UKEIGs. The European Economic Interest Grouping
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Jurisdiction(s):
European Union
Key definition:
Registered office definition
What does Registered office mean?
As required by CA 2006, s 86 a company must at all times have a registered office to which all communications and notices may be addressed.
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