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The European company (or: a European joint stock company) known under a Latin name Societas Europaea (SE) is a legal form of entrepreneurship based on the principals of the European Law. Its purport is preferably in simplifying the free circulation of capital within the entire European Union and unifying the legal forms of commercial companies in EU. The European company is regarded as the multinational European modification of a joint stock company that is placed on the register in the state of its seat.
The basic advantage over any other common national forms of enterprise is:
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