1 Amendments of Zigmantas BALČYTIS related to 2011/0038(COD)
Amendment 32 #
Proposal for a directive – amending act
Recital 3
Recital 3
(3) Operations such as cross-border mergers or transfers of registered office have made day-to-day cooperation of business registers a necessity. Directive 2005/56/EC of the European Parliament and of the Council of 26 October 2005 on cross-border mergers of limited liability companies23 requires the registers to cooperate across borders. There are, however, no established channels of communication and efficient cross-border cooperation that could accelerate procedures, help overcome the language problems and enhance legal certainty and transparency.