To start a new company or expand your business in another EU country you need to know the rules that apply and the relevant national contact point to set up a company in that specific country.

What can you do?

As an EU citizen you are entitled to:

set up your own business (even as a sole trader) in any EU country, Iceland, Norway or Liechtenstein

set up a subsidiary branch of an existing EU-based business that is already registered in one EU country

Requirements

The requirements vary depending on the country. However, the EU encourages all countries to meet certain targets for helping to set up new companies, including:

setting up in no more than 3 working days

costing less than EUR 100

completing all procedures through a single administrative body

completing all registration formalities online

registering a company in another EU country online (through the national contact points)

Funding and support

There are different EU funds available for startup businesses. To find out which one meets your needs, as well as information on support and resources, visit the Startup Europe Club.

You can also use the Startup Europe Partnership platform to get help with expanding and developing your business. 

If you're looking to increase the visibility of your business project, you can register your project on the European Investment Project Portal. The portal also enables you to get in contact with potential international investors.

The article is originated from europa.eu.