Recital 12

(12) Applying the ‘once-only’ principle entails that companies are not asked to submit the same information to public authorities more than once. For example, when setting up a subsidiary company in another Member State, companies should not have to resubmit the company documents or information relating to the existence and registration of the founder company already submitted to the register where the founder company is registered. Applying the ‘once-only’ principle entails that the information about the founder company should be exchanged electronically, between the register where the company is registered and the register where a subsidiary is to be registered, using the system of interconnection of registers. Alternatively, information about the founder company could be directly accessed from the system of interconnection of registers through the European e-Justice portal (‘the portal’), or in the national register of the founder company. Where documents and information about the founder company are exchanged through, or directly accessed from, the system of interconnection of registers by digital means, they should not be denied legal effect or be rejected on the ground that they are in electronic form.

← Recital 11 · All articles · Recital 13 →

Source: EUR-Lex (Cellar) · retrieved 2026-10-14 · Text as adopted (Official Journal); later amendments are not incorporated in this text.