The new legal framework for cross-border conversions of companies within the European Union marks a significant evolution in corporate structuring.
Effective from March 15th, 2024, the amendment not only refines the concept formerly known as "redomiciliation" to "conversion" but also introduces rigorous protections for shareholders, creditors, and employees, ensuring a smooth transition and robust legal continuity in cross-border restructurings.
An article by Melina Dionysiou, Director and Head of Corporate for Totalserve group.
