European Economic Interest Grouping (EEIG)

Description of the European Economic Interest Grouping (EEIG)

A European Economic Interest Grouping is a structure that allows companies to found a legally independent cooperation entity with the aim of facilitating, streamlining and developing their economic activities. The partnership must be related to the economic activity of its member companies and must play a supporting role (e.g. joint accounting or prospecting). This form of association cannot be used to found a new enterprise or to combine all the activities of its members.

The difference between the European Economic Interest Grouping (EEIG) and the Economic Interest Grouping (EIG) is that the EEIG, unlike the EIG, must comprise entities from different European Union Member States.

The EEIG is fiscally transparent: it is not deemed to have legal personality for income tax purposes, so that its results are only taxable as profits or benefits derived by its members.

Articles of incorporation

An EEIG can be incorporated by private deed (acte sous seing privé/onderhandse akte). Its  articles of incorporation may also take the form of a notarial deed(acte notarié/notariële akte), although this is not compulsory.

Directors

The managers of an EEIG must be natural persons.

Legal and administrative obligations

A copy of the articles of incorporation (content) must be filed at the registry within 15 days of the final articles of incorporation being drawn up. The registrar arranges publication in theBelgian Official GazetteExternal link.

The articles of incorporation will also be published in theOfficial Journal of the European UnionExternal link.

All documents submitted will be kept in a file at the registry of the commercial court, in the register of legal entities.