Definitions
(a) Articles: Refers to the Articles of Association as adopted by EU-Inc.
(b) Community: Refers collectively to all EU Member States.
(c) Dashboard: Web based “user area” that the EU-Inc entity can use to communicate with the Registry.
(d) EU: Stands for the European Union.
(e) EU-Inc: EU-wide digital holding company registered as a private, share-based limited liability company (also referred herein as “Company”).
(f) Member State: Denotes any country that is a member of the European Union.
(g) Registry: The Commercial Registry with competent authority to control the legality of EU-Inc related documents and inscribe their acts.
(h) Regulation(s): Refers to the EU regulation, known as the "28th Regime" corporate framework.****
1.1 Capital Structure
The capital of an EU-Inc shall be divided into shares. Shareholders shall not be liable for more than the amount they have subscribed for.
1.2 Legal Personality
An EU-Inc shall possess legal personality.
2.1 Currency
The capital can be expressed in any lawful currency.
2.2 No Minimum Capital Requirement There shall be no minimum capital requirement for the formation of an EU-Inc. This allows founders the flexibility to determine the amount of capital necessary for their specific business needs.
2.3 Governance of Capital