The EU is an intergovernmental economic union, which aims to promote free trade and achieve economic stability, and a common internal European market spanning the territory of the 28 EU member states. In terms of incorporation, every country in the EU has certain specific benefits, not to mention peculiarities in legal procedures for company formation, which may differ between jurisdictions. Some jurisdictions offer relatively quick and accessible remote company formation and maintenance, while others don’t have any black-listed jurisdictions or else may present a great opportunity to minimise taxation (sometimes even to 0%). According to statistics from the European Commerce Registers, the vast majority of companies within the EU are incorporated as standard limited liability companies (LLCs).
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