European economic interest grouping: Difference between revisions
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{{Companies law}}A '''European Economic Interest Grouping''' (EEIG) is a type of [[legal entity]] created on 1985-07-25 under [[European Community]] (EC) Council [[Regulation (European Union)|Regulation]] [[Council Regulation (EC) No. 2137/85|2137/85]].<ref>http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:31985R2137:en:HTML</ref> It is designed to make it easier for companies in different countries to do business together, or to form [[consortium|consortia]] to take part in EU programmes. |
{{Companies law}}A '''European Economic Interest Grouping''' (EEIG) is a type of [[legal entity]] created on 1985-07-25 under [[European Community]] (EC) Council [[Regulation (European Union)|Regulation]] [[Council Regulation (EC) No. 2137/85|2137/85]].<ref>http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:31985R2137:en:HTML</ref> It is designed to make it easier for companies in different countries to do business together, or to form [[consortium|consortia]] to take part in EU programmes. |
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Goals / remit of the organisation: |
Goals / remit of the organisation: |
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The European Economic Chamber of Trade, Commerce and Industry is an international non-governmental organization, established in the form of a legally accredited «European Economic Interest Grouping - EEIG» according to the EEC-Regulation of the Council of the European Communities of 25th July 1985. There are EEIG Representatives in 45 countries of the world. |
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As a public lobby group, the EEIG endeavours to be a mediator between partners in the Internal Market and between business partners in the Member States of the European Union and the rest of the world. |
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Our strengths as an organization mirror our endeavours in bringing together diverse skills, experiences, cultures and perspectives in pursuit of a greater goal. |
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Our services include: |
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• Cooperation with national governments, local authorities, international organizations, business federations and relevant professional associations |
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• Finding and mediating international business contacts |
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• Assisting cross-border cooperation within the European Union to complete the single market |
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• Helping and advising companies in Azerbaijan to alleviate the access to the European Union |
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• Raising funds of the private sector for international project financing and aid-deserving investments |
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• Awards, honours, audits and certifications by expert commissions, especially of innovative enterprises, as a valuable marketing tool in today’s competitive world |
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• Monitoring the maintenance of high quality of products and services according to the European Quality standards |
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• Participating in e-commerce and supporting internet activities |
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• Assisting in launching new products, preparing new markets after thorough research |
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• Aid and support, especially of small and medium-sized European enterprises (SMEs) by consultancy, management and staff training, transfer of professional skills and knowledge, technological and legal assistance |
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• Promoting and securing full employment, creating of jobs and human resource development by improving the individual and corporative competitiveness |
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• Solving of problems by customized advice of acknowledged specialists, exchange of opinions and experience by organizing professional meetings and workshops |
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• Combining creative energies and leading-edge technologies in the quest to provide real-world solutions to everyday challenges |
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• Discovering new solutions, encouraging innovation, underpinned by word class technology and science, building alliances, expanding the frontiers of knowledge as a launching pad for a journey into tomorrow. |
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EEIG focuses on a wide range of activities the main ones being contributing to the cooperation between the business people in the world and EU-countries, promoting mutual investments and partnerships, providing consultancy and expertise for foreign investors, extending the international cooperation in developing and adoption of new technologies, implementing goods and services exchange, arranging the support of the private sector. |
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EEIG is a stable mediator between partners in the Member States of the European Union and beyond. We are committed to innovation and improvement. We provide realistic solutions and information to develop human and natural resources and to support health care provisions, safe environment, sustainable development and economic growth in the context of national priorities. |
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The Chamber membership has many benefits, including the right to certify products and services in conformity with the European quality standards, to distribute commercial proposals through the Chamber’s wide business network, to receive European economic news, the Chamber’s newsletters, and to place official business news at the Chamber’s website. Members of the Chamber include both legal entities and individuals uniting to assist successful integration of the world and the EU economy, to bring locally produced goods and services in conformity with the European quality standards, and to promote mutual cooperation and trade. |
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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.). |
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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Revision as of 04:40, 21 January 2014
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A European Economic Interest Grouping (EEIG) is a type of legal entity created on 1985-07-25 under European Community (EC) Council Regulation 2137/85.[1] 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.
Goals / remit of the organisation: 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.).
Several thousand EEIGs now exist, active in fields as varied as agricultural marketing, legal advice, research and development, osteopathy, motorcycle preservation and cat-breeding. One of the more famous EEIGs is the Franco-German television channel ARTE.[2] Among other EEIGs:
- European Advertising Lawyers Association (EALA)
- EDCTP: European and Developing Countries Clinical Trials Partnership
- EURESA (operational and flexible tool for cooperation and collaboration among ten European insurance companies belonging to the Social Economy)
- Eurocité basque Bayonne - San Sebastian
- European Business School Paris
- Eurostar
- Thalys
- European Vaccine Initiative: European Vaccine Initiative : EVI
Abbreviations
In contrast to the SE and the SCE, the lack of a Latin name for the EEIG lead to different names in the languages of the European Union:
- Austria: Europäische wirtschaftliche Interessenvereinigung (EWIV)
- Bulgaria: Европейско обединение по икономически интереси (ЕОИИ)
- Croatia: Europsko gospodarsko interesno udruženje (EGIU)
- Czech Republic: Evropské hospodářské zájmové sdružení (EHZS)
- Denmark: Europæisk økonomisk firmagruppe (EØFG)
- Germany: Europäische wirtschaftliche Interessenvereinigung (EWIV)
- Great Britain: European Economic Interest Grouping (EEIG)
- Estonia: Euroopa majandushuvigrupp (EMHG)
- Finland: Eurooppalainen taloudellinen etuyhtymä (ETEY)
- France: Groupement européen d'intérêt économique (GEIE)
- Greece: Ευρωπαϊκός Όμιλος Οικονομικού Σκοπού (ΕΟΟΣ)
- Hungary: Európai Gazdasági Egyesülés (EGE)
- Ireland: Grupail Eorpach um Leas Eacnamaioch (GELE)
- Italy: Gruppo europeo di interesse economico (GEIE)
- Latvia: Eiropas Ekonomisko interešu grupa (EEIG)
- Lithuania: Europos ekonominių interesų grupė (EEIG)
- Malta: Grupp Ewropew ta’ Interess Ekonomiku (GEIE)
- Netherlands: Europees economisch samenwerkingsverband (EESV)
- Poland: Europejskie zgrupowanie interesów gospodarczych (EZIG)
- Portugal: Agrupamento europeu de interesse económico (AEIE)
- Romania: Grup European de Interes Economic (GEIE)
- Sweden: Europeisk ekonomisk intressegruppering (EEIG)
- Slovakia: Európske zoskupenie hospodárskych záujmov (EZHZ)
- Slovenia: Evropsko gospodarsko interesno združenje (EGIZ)
- Spain: Agrupación europea de interés económico (AEIE)
See also
- European Private Company
- Types of business entity
- European Grouping for Territorial Cooperation
- UK Companies House booklet GPO4