◷
New version applies from 01/01/2020 — introduced by Directive (EU) 2019/2121.
73 provisions change.
Later versions: 12/08/2022.
Directive (EU) 2017/1132
20/07/2017 → 31/07/2019: 17 inserted · 1 removed · 114 amended · 15 moved · 5 renamed · 138 unchanged
Position-only shifts inside the same heading are not changes. Amended = the printed text changed.
Preamble
Preamble · 1 unchanged
Recitals
Recitals · 81 unchanged
Recital 1 · Recital 2 · Recital 3 · Recital 4 · Recital 5 · Recital 6 · Recital 7 · Recital 8 · Recital 9 · Recital 10 · Recital 11 · Recital 12 · Recital 13 · Recital 14 · Recital 15 · Recital 16 · Recital 17 · Recital 18 · Recital 19 · Recital 20 · Recital 21 · Recital 22 · Recital 23 · Recital 24 · Recital 25 · Recital 26 · Recital 27 · Recital 28 · Recital 29 · Recital 30 · Recital 31 · Recital 32 · Recital 33 · Recital 34 · Recital 35 · Recital 36 · Recital 37 · Recital 38 · Recital 39 · Recital 40 · Recital 41 · Recital 42 · Recital 43 · Recital 44 · Recital 45 · Recital 46 · Recital 47 · Recital 48 · Recital 49 · Recital 50 · Recital 51 · Recital 52 · Recital 53 · Recital 54 · Recital 55 · Recital 56 · Recital 57 · Recital 58 · Recital 59 · Recital 60 · Recital 61 · Recital 62 · Recital 63 · Recital 64 · Recital 65 · Recital 66 · Recital 67 · Recital 68 · Recital 69 · Recital 70 · Recital 71 · Recital 72 · Recital 73 · Recital 74 · Recital 75 · Recital 76 · Recital 77 · Recital 78 · Recital 79 · Recital 80 · Recital 81
Title I - GENERAL PROVISIONS AND THE ESTABLISHMENT AND FUNCTIONING OF LIMITED LIABILITY COMPANIES
- amended Article 1 - Subject matter Title I › Chapter I
- amended Article 2 - Scope Title I › Chapter II › Section 1
- amended Article 3 - Compulsory information to be provided in the statutes or instruments of incorporation Title I › Chapter II › Section 1
- amended Article 4 - Compulsory information to be provided in the statutes or instruments of incorporation or separate documents Title I › Chapter II › Section 1
- amended Article 5 - Authorisation for commencing business Title I › Chapter II › Section 1
- amended Article 6 - Multiple-member companies Title I › Chapter II › Section 1
- amended Article 7 - General provisions and joint and several liability Title I › Chapter II › Section 2
- amended Article 9 - Acts of the organs of a company and its representation Title I › Chapter II › Section 2
- amended Article 11 - Conditions for nullity of a company Title I › Chapter II › Section 2
- amended Article 12 - Consequences of nullity Title I › Chapter II › Section 2
- renamed Title I › Chapter III - Online procedures (formation, registration and filing), disclosure and registers was “Chapter III - Disclosure and interconnection of central, commercial and companies registers”
- amended Article 13 - Scope Title I › Chapter III › Section 1
- inserted Article 13a - Definitions Title I › Chapter III › Section 1
- inserted Article 13b - Recognition of identification means for the purposes of online procedures Title I › Chapter III › Section 1
- inserted Article 13c - General provisions on online procedures Title I › Chapter III › Section 1
- inserted Article 13d - Fees for online procedures Title I › Chapter III › Section 1
- inserted Article 13e - Payments Title I › Chapter III › Section 1
- inserted Article 13f - Information requirements Title I › Chapter III › Section 1
- inserted Title I › Chapter III › Section 1A - Online formation, online filing and disclosure
- inserted Article 13g - Online formation of companies Title I › Chapter III › Section 1A
- inserted Article 13h - Templates for online formation of companies Title I › Chapter III › Section 1A
- inserted Article 13i - Disqualified directors Title I › Chapter III › Section 1A
- inserted Article 13j - Online filing of company documents and information Title I › Chapter III › Section 1A
- amendedmoved Article 14 - Documents and particulars to be disclosed by companies Title I › Chapter III › Section 1A from Title I › Chapter III › Section 1
- amendedmoved Article 15 - Changes in documents and particulars Title I › Chapter III › Section 1A from Title I › Chapter III › Section 1
- amendedmoved Article 16 - Disclosure in the register Title I › Chapter III › Section 1A from Title I › Chapter III › Section 1
- inserted Article 16a - Access to disclosed information Title I › Chapter III › Section 1A
- amendedmoved Article 17 - Up-to-date information on national law with regard to the rights of third parties Title I › Chapter III › Section 1A from Title I › Chapter III › Section 1
- amendedmoved Article 18 - Availability of electronic copies of documents and particulars Title I › Chapter III › Section 1A from Title I › Chapter III › Section 1
- amendedmovedrenamed Article 19 - Fees chargeable for documents and information Title I › Chapter III › Section 1A from Title I › Chapter III › Section 1 was “Article 19 - Fees chargeable for documents and particulars”
- amendedmoved Article 20 - Information on the opening and termination of winding-up or insolvency proceedings and on striking-off of a company from the register Title I › Chapter III › Section 1A from Title I › Chapter III › Section 1
- amendedmoved Article 21 - Language of disclosure and translation of documents and particulars to be disclosed Title I › Chapter III › Section 1A from Title I › Chapter III › Section 1
- amendedmoved Article 22 - System of interconnection of registers Title I › Chapter III › Section 1A from Title I › Chapter III › Section 1
- amendedmoved Article 23 - Development and operation of the platform Title I › Chapter III › Section 1A from Title I › Chapter III › Section 1
- amendedmoved Article 24 - Implementing acts Title I › Chapter III › Section 1A from Title I › Chapter III › Section 1
- amendedmoved Article 25 - Financing Title I › Chapter III › Section 1A from Title I › Chapter III › Section 1
- amendedmoved Article 26 - Information on letters and order forms Title I › Chapter III › Section 1A from Title I › Chapter III › Section 1
- moved Article 27 - Persons carrying out disclosure formalities Title I › Chapter III › Section 1A from Title I › Chapter III › Section 1
- amendedmoved Article 28 - Penalties Title I › Chapter III › Section 1A from Title I › Chapter III › Section 1
- renamed Title I › Chapter III › Section 2 - Registration and disclosure rules applicable to branches of companies from other Member States was “Section 2 - Disclosure rules applicable to branches of companies from other Member States”
- inserted Article 28a - Online registration of branches Title I › Chapter III › Section 2
- inserted Article 28b - Online filing of documents and information for branches Title I › Chapter III › Section 2
- inserted Article 28c - Closure of branches Title I › Chapter III › Section 2
- amended Article 29 - Disclosure of documents and particulars relating to a branch Title I › Chapter III › Section 2
- amended Article 30 - Documents and particulars to be disclosed Title I › Chapter III › Section 2
- inserted Article 30a - Changes to documents and information of the company Title I › Chapter III › Section 2
- amended Article 31 - Limits on the compulsory disclosure of accounting documents Title I › Chapter III › Section 2
- amended Article 34 - Information on the opening and termination of winding-up or insolvency proceedings and on striking-off of the company from the register Title I › Chapter III › Section 2
- amended Article 36 - Disclosure of documents and particulars relating to a branch Title I › Chapter III › Section 3
- amended Article 37 - Compulsory documents and particulars to be disclosed Title I › Chapter III › Section 3
- amended Article 38 - Limits of compulsory disclosure of accounting documents Title I › Chapter III › Section 3
- amended Article 42 - Exemptions to provisions on disclosure of accounting documents for branches Title I › Chapter III › Section 4
- removed Article 43 - Contact Committee Title I › Chapter III › Section 4
- amended Article 44 - General provisions Title I › Chapter IV › Section 1
- amended Article 45 - Minimum capital Title I › Chapter IV › Section 1
- amended Article 49 - Experts' report on consideration other than in cash Title I › Chapter IV › Section 2
- amended Article 50 - Derogation from the requirement for an experts' report Title I › Chapter IV › Section 2
- amended Article 51 - Consideration other than in cash without an experts' report Title I › Chapter IV › Section 2
- amended Article 52 - Substantial acquisitions after incorporation or authorisation to commence business Title I › Chapter IV › Section 2
- amended Article 56 - General rules on distribution Title I › Chapter IV › Section 3
- amended Article 58 - Serious loss of the subscribed capital Title I › Chapter IV › Section 3
- amended Article 59 - No subscription of own shares Title I › Chapter IV › Section 4
- amended Article 60 - Acquisition of own shares Title I › Chapter IV › Section 4
- amended Article 61 - Derogation from rules on acquisition of own shares Title I › Chapter IV › Section 4
- amended Article 63 - Holding of own shares and annual report in case of acquisition of own shares Title I › Chapter IV › Section 4
- amended Article 64 - Financial assistance by a company for acquisition of its shares by a third party Title I › Chapter IV › Section 4
- amended Article 66 - Acceptance of the company's own shares as security Title I › Chapter IV › Section 4
- amended Article 67 - Subscription, acquisition or holding of shares by a company in which the public limited liability company holds a majority of the voting rights or on which it can exercise a dominant influence Title I › Chapter IV › Section 4
- amended Article 68 - Decision by the general meeting on the increase of capital Title I › Chapter IV › Section 5
- amended Article 70 - Shares issued for consideration other than in cash Title I › Chapter IV › Section 5
- amended Article 72 - Increase in capital by consideration in cash Title I › Chapter IV › Section 5
- amended Article 75 - Safeguards for creditors in case of reduction in the subscribed capital Title I › Chapter IV › Section 5
- amended Article 76 - Derogation from safeguards for creditors in case of reduction in the subscribed capital Title I › Chapter IV › Section 5
- amended Article 78 - Redemption of subscribed capital without reduction Title I › Chapter IV › Section 5
- amended Article 79 - Reduction in the subscribed capital by compulsory withdrawal of shares Title I › Chapter IV › Section 5
- amended Article 80 - Reduction in the subscribed capital by the withdrawal of shares acquired by the company itself or on its behalf Title I › Chapter IV › Section 5
- amended Article 82 - Conditions for redemption of shares Title I › Chapter IV › Section 5
- amended Article 84 - Derogation from certain requirements Title I › Chapter IV › Section 6
- amended Article 86 - Transitional provisions Title I › Chapter IV › Section 6
Title I · 25 unchanged
Article 8 · Article 10 · Article 32 · Article 33 · Article 35 · Article 39 · Article 40 · Article 41 · Article 46 · Article 47 · Article 48 · Article 53 · Article 54 · Article 55 · Article 57 · Article 62 · Article 65 · Article 69 · Article 71 · Article 73 · Article 74 · Article 77 · Article 81 · Article 83 · Article 85
Title II - MERGERS AND DIVISIONS OF LIMITED LIABILITY COMPANIES
- amended Article 87 - General provisions Title II › Chapter I › Section 1
- amended Article 89 - Definition of a ‘merger by acquisition’ Title II › Chapter I › Section 1
- amended Article 90 - Definition of a ‘merger by the formation of a new company’ Title II › Chapter I › Section 1
- amended Article 91 - Draft terms of merger Title II › Chapter I › Section 2
- amended Article 93 - Approval by the general meeting of each of the merging companies Title II › Chapter I › Section 2
- amended Article 94 - Derogation from the requirement of approval by the general meeting of the acquiring company Title II › Chapter I › Section 2
- amended Article 95 - Detailed written report and information on a merger Title II › Chapter I › Section 2
- amended Article 96 - Examination of the draft terms of merger by experts Title II › Chapter I › Section 2
- amended Article 97 - Availability of documents for inspection by shareholders Title II › Chapter I › Section 2
- amended Article 99 - Protection of the interests of creditors of the merging companies Title II › Chapter I › Section 2
- amended Article 102 - Drawing up and certification of documents in due legal form Title II › Chapter I › Section 2
- amended Article 104 - Publication formalities Title II › Chapter I › Section 2
- amended Article 105 - Consequences of a merger Title II › Chapter I › Section 2
- amended Article 108 - Conditions for nullity of a merger Title II › Chapter I › Section 2
- amended Article 109 - Merger by formation of a new company Title II › Chapter I › Section 3
- amended Article 111 - Exemption from the requirement of approval by the general meeting Title II › Chapter I › Section 4
- amended Article 113 - Merger by acquisition by a company which holds 90 % or more of the shares of a company being acquired Title II › Chapter I › Section 4
- amended Article 114 - Exemption from requirements applicable to mergers by acquisition Title II › Chapter I › Section 4
- amended Article 119 - Definitions Title II › Chapter II
- amended Article 120 - Further provisions concerning scope Title II › Chapter II
- amended Article 121 - Conditions relating to cross-border mergers Title II › Chapter II
- amended Article 122 - Common draft terms of cross-border mergers Title II › Chapter II
- amended Article 123 - Publication Title II › Chapter II
- amended Article 125 - Independent expert report Title II › Chapter II
- amended Article 126 - Approval by the general meeting Title II › Chapter II
- amended Article 127 - Pre-merger certificate Title II › Chapter II
- amended Article 128 - Scrutiny of the legality of the cross-border merger Title II › Chapter II
- amended Article 131 - Consequences of a cross-border merger Title II › Chapter II
- amended Article 132 - Simplified formalities Title II › Chapter II
- amended Article 133 - Employee participation Title II › Chapter II
- amended Article 135 - General provisions on division operations Title II › Chapter III › Section 1
- amended Article 136 - Definition of a ‘division by acquisition’ Title II › Chapter III › Section 2
- amended Article 137 - Draft terms of division Title II › Chapter III › Section 2
- amended Article 139 - Approval by the general meeting of each company involved in a division Title II › Chapter III › Section 2
- amended Article 140 - Derogation from the requirement of approval by the general meeting of a recipient company Title II › Chapter III › Section 2
- amended Article 141 - Detailed written report and information on a division Title II › Chapter III › Section 2
- amended Article 142 - Examination of the draft terms of division by experts Title II › Chapter III › Section 2
- amended Article 143 - Availability of documents for inspection by shareholders Title II › Chapter III › Section 2
- amended Article 144 - Simplified formalities Title II › Chapter III › Section 2
- amended Article 146 - Protection of the interests of creditors of companies involved in a division; joint and several liability of the recipient companies Title II › Chapter III › Section 2
- amended Article 150 - Publication formalities Title II › Chapter III › Section 2
- amended Article 151 - Consequences of a division Title II › Chapter III › Section 2
- amended Article 153 - Conditions for nullity of a division Title II › Chapter III › Section 2
- amended Article 154 - Exemption from the requirement of approval by the general meeting of the company being divided Title II › Chapter III › Section 2
- amended Article 155 - Definition of a ‘division by the formation of new companies’ Title II › Chapter III › Section 3
- amended Article 156 - Application of rules on divisions by acquisition Title II › Chapter III › Section 3
- amended Article 157 - Divisions under the supervision of a judicial authority Title II › Chapter III › Section 4
Title II · 27 unchanged
Article 88 · Article 92 · Article 98 · Article 100 · Article 101 · Article 103 · Article 106 · Article 107 · Article 110 · Article 112 · Article 115 · Article 116 · Article 117 · Article 118 · Article 124 · Article 129 · Article 130 · Article 134 · Article 138 · Article 145 · Article 147 · Article 148 · Article 149 · Article 152 · Article 158 · Article 159 · Article 160
Title III - FINAL PROVISIONS
- amended Article 161 - Data protection Title III
- amended Article 162 - Report, regular dialogue on the system of interconnection of registers and review Title III
- inserted Article 162a - Amendments to the Annexes Title III
- amended Article 163 - Exercise of the delegation Title III
- amended Article 164 - Committee procedure Title III
Title III · 4 unchanged
Annexes
- amendedrenamed Annex I - TYPES OF COMPANIES REFERRED TO IN ARTICLE 2(1) AND (2), ARTICLE 44(1) AND (2), ARTICLE 45(2), ARTICLE 87(1) AND (2) AND ARTICLE 135(1) was “Annex I”
- amendedrenamed Annex II - TYPES OF COMPANIES REFERRED TO IN ARTICLES 7(1) AND 13, ARTICLES 29(1), 36(1) AND 67(1) AND POINT (a) OF ARTICLE 119(1) was “Annex II”
- inserted Annex IIa - TYPES OF COMPANIES
- amendedrenamed Annex III - PART A was “Annex III”
- amendedrenamed Annex IV - CORRELATION TABLE was “Annex IV”