Restructuring within Europe made easier: EU Mobility Directive comes into effect from 1 September 2023
On 1 September 2023, the EU Mobility Directive will be implemented by means of the adopted legislative proposal. The EU Mobility Directive creates one European framework for cross-border legal mergers, divisions and conversions ("cross-border operation"). Under current law, such cross-border operations are possible, but only a cross-border legal merger is laid down in Book 2 of the Dutch Civil Code. Cross-border divisions and conversions derive their legal force from European legislation and case law.