This book provides an overview of the Second Council Directive
77/91/EEC of 13 December 1976 (also known as the Capital Directive)
and its implementing rules in each Member State of the European
Union and the European Economic Area. It provides companies and
advisors with useful insights regarding articles of association and
related documents, the incorporation and capital requirements of
European companies with limited liability and the rules applicable
to the acquisition and pledge of their own shares, the
cross-participations, the financial assistance and the distribution
of profits. A general report on the Capital Directive is followed
by a discussion of the implementation of the rules laid down in the
Directive in the national laws of each Member State, each in
accordance with a common format and contributed by a practitioner
from that State.
General
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