The Societas Unius Personae (SUP)

The Societas Unius Personae is proposed for the benefit of a quicker and cheaper way of establishing a single-member private limited liability company across the border. In order to achieve this objective, a mandatory full electronic registration procedure is included in the proposed Directive. Although Member States are bound by certain conditions, they have some freedom in designing the (online) registration process and the requested information. As a result, twenty-eight different registration procedures may come into force.