THE REGULATION OF THE LIMITED LIABILITY COMPANY WITH A SOLE PARTNER IN THE EUROPEAN UNION
THE REGULATION OF THE LIMITED LIABILITY COMPANY WITH A SOLE PARTNER IN THE EUROPEAN UNION

Summary/Abstract: The limited liability company with a sole partner has existed from the beginning in the most controversial corporate form. This fact contradicts the principles governing the body of legal entities in general and companies in particular. The normative consecration of the sole proprietorship was made to the detriment of the economic enterprise based on the theory of the patrimony of affectation by finally opting for its grafting on the foot of the limited liability company due to the numerous practical advantages of operating this type of company. This vision also characterizes the way the regulation of the limited liability companies with sole partner is made at the level of the European Union based on the provisions of the Council Directive 89/667 / EEC of Dec. 21st, 1989 on the company law in respect of the limited liability companies with a sole shareholder as amended by Council Directive 2006/99 / EC of November 20th, 2006.

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