Brexit

Brexit – The UK Government’s paper The Future Relationship between the United Kingdom and the European Union contains two central proposals for establishing a free trade area for goods but at the same time a new framework for control of movements of people.

These two issues represent some of the core reasons of the uncertainty about the future relationship between the European Union and the United Kingdom: whether or not there will be a hard customs barrier and what restrictions will there be on the movement of persons?

New Bill to simplify company formation

Draft law on the action plan for the growth and transformation of enterprises (PACTE) is to be put before the lower house of the French Parliament in September.

The draft provisions include measures to reduce restrictions on small and medium size business. Setting up new companies will be simplified in order to reduce costs and speed up the formation process. Currently companies are registered on each local company and commercial register where they have their registered office and branches. There are currently circa 1400 business formalities centres in France. Under the new proposal a single online service will be put in place to manage the registration of new companies.