Recital 1

(1)Directive (EU) 2017/1132 of the European Parliament and of the Council ³ lays down, inter alia, rules on disclosure of company information in business registers in Member States to enhance legal certainty in the internal market, and on a system of interconnection of registers. That system of interconnection of registers has been operational since June 2017 and currently connects all Member States’ registers. In response to digital developments, Directive (EU) 2017/1132 was amended by Directive (EU) 2019/1151 of the European Parliament and of the Council ⁴ to provide rules for the fully online formation of limited liability companies, fully online registration of cross-border branches and fully online filing of documents and information with business registers.