1. The European Private Company Berlin, 28 June 2007 Prof. Dr. Christoph Teichmann

2. I.Practical Use of the EPC II.Characteristics of the EPC III.Regulatory Methods

3. Parent Company F D PL GR Shareholders‘ meeting? Shareholders‘ resolutions? Instructions to directors?

4. Small and medium sized companies:  highly specialised production  depend on market abroad  are represented in many different countries

5. Cost of establishing subsidiaries:  three months in-house employee  lawyer of the relevant jurisdiction  time consuming procedures

6. Estimated saving by EPC:  three days in-house employee  multiplied by number of subsidiaries  multiplied by number of cross- border businesses in Europe

7. II. Characteristics of the EPC 1.Supranational: European Regulation 2.Establishment and internal manage- ment governed by European law 3.No national company law

8. III. Regulatory Methods 1.Advantages in comparison to the European Company (SE)  private companies are less regulated  contractual freedom for internal affairs  co-determination is less important

9. III. Regulatory Methods 2.How to achieve a complete EU Regulation?  core provisions in EU Regulation  “drafting tasks“ for the articles  model articles to be attached

10. EPC Denmark EPC Belgium EPC Slovakia EPC Portugal