THE REGULATION OF THE LIMITED LIABILITY COMPANY WITH A SOLE PARTNER IN THE EUROPEAN UNION

Authors

  • EUGENIA GABRIELA LEUCIUC UNIVERSITATEA STEFAN CEL MARE SUCEAVA FACULTATEA DE STIINTE ECONOMICE SI ADMINISTRATIE PULICA
  • IRINA ŞTEFANA CIBOTARIU Stefan cel mare University

Keywords:

associates, share capital, social shares, memorandum act, limited liability with a sole partner

Abstract

The limited liability company with a sole partner has existed from the beginning in the most controversial corporate form. This fact contradicts the principles governing the body of legal entities in general and companies in particular.

The normative consecration of the sole proprietorship was made to the detriment of the economic enterprise based on the theory of the patrimony of affectation by finally opting for its integration within the limited liability company due to the numerous practical operational advantages of this type of company.

This vision also characterizes the way the regulation of the limited liability companies with sole partner is made at the level of the European Union based on the provisions of the Council Directive 89/667 / EEC of Dec. 21st, 1989 on the company law in respect of the limited liability companies with a sole shareholder as amended by Council Directive 2006/99 / EC of November 20th, 2006.


 


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Published

10.05.2020

Issue

Vol. 9 No. 2 (2020)

Section

Business Economics, Sustainable Development, Public Administration and Law

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