(March 18): The European Union has unveiled a red-tape-cutting plan dubbed “EU Inc” to boost the emergence of companies that could compete on the world stage with US and Chinese rivals. It also includes the possibility for companies to set up EU-wide employee stock option plans — with taxes being levied on income generated only once stocks are sold. Other parts of the package include fully digital incorporation procedures, streamlined governance and tax rules and no minimum share capital requirements. Politically, the step reflects mounting concern about Europe’s ability to compete with the US and China, particularly in attracting high-growth companies. Brussels has framed the initiative as part of a broader effort to make Europe the easiest place in the world to start and grow a business.

Source: The Edge Markets March 18, 2026 12:04 UTC