AUTONOMOUS AND FULL LEGAL COMPETENCY: acting on one’s behalf is completely possible, through one or more administrators, whose powers of representation are directly derived from the rules of governing corporations, regardless whether they are members or not. It allows members to present themselves as a single entity in negotiating contracts and requesting loans or financial guarantees for public tenders.
EUROPEAN FOOTPRINT: at least two members from different EU member states are required. Their main economic activity has to be carried out in different member states and have a history of economic activity in the EU before joining the EEIG.
AUXILIARY BODY: it isn’t a profit organisation as it sets itself the objective of improving the achievements of its members by developing individual economic activities.
FLEXIBILITY: in terms of financing, freedom is absolute. No minimum capital is required for incorporation.