1 Amendments of Biljana BORZAN related to 2014/0120(COD)
Amendment 118 #
Proposal for a directive
Recital 3
Recital 3
(3) Establishing single-member limited liability companies as subsidiaries in other Member States entails costs due to the diverse legal and administrative requirements which must be met in the Member States concerned. Such divergent requirements continue to exist among Member States causing significant legal and other difficulties in cross-border business which above all discriminate small businesses.