Hi, guys
I would like to ask you guys to go to EU Inc. proposal page in "Have your say" portal to ask Commission to include cooperatives in their regulation. Here is all you need to know why that's important and to make it easier for you to write your feedback and provide sources too, anyway two studies (1)(2) commissioned by EU identified these problems with the existing SCE (European cooperative society) regulation:
1. High capital requirement to start-up (30000 euros) which is absurd for a cooperatives which rely on labor and frequently struggle to access capital
2. Complicated registration procedures since all 27 member states have their own ways to register SCEs, frequently goverment institutions have no idea how to do it, for example one study references a situation where registration took a whole year, and there is no mechanism to notify other member states then SCE is registered in one state
3. Furthermore in order to register SCE members must come from at least 2 different countries which is arbitrary because all member state citizens are automatically EU citizens so it just needlessly makes it harder to register one
4. Little reason to use SCE legal form then national cooperative forms are much more convenient and can be used to operate cross-borders anyway and little knowledge and visibility that SCEs eve exist
Now proposed EU Inc. regulation would fix LITERALLY all of the problems mentioned above because:
1. It has very low capital requirement, so far the proposal only asks for 100 euros i.e. 300 times less than to set up a SCE
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