The so-called Digitisation Directive which came into force on 31.07.2019 to enable the online formation of corporations must now be transposed into national law by 31.07.2021.
Following improvement to the version of the Code already passed in May 2019, the German Corporate Governance Code (Deutscher Corporate Governance Kodex, DCGK) was submitted by the Government Commission to the Federal Ministry of Justice and Consumer Protection (BMJV) for review and publication on January 23, 2020.
The so-called "Mobility" Directive on cross-border transformation, merger and division was published in the Official Journal of the European Union on 12 December 2019.
After approval by the German Federal Council on 29.11.2019, the law will come into force on 01.01.2020.
It is possible that minor changes will be made to the law to strengthen the shareholders of listed stock corporations.
The Act to Strengthen the Rights of Shareholders of listed stock corporations has not yet entered into force.
In view of the current developments in Great Britain, the scenario of an unregulated Brexit be-comes more and more probable. This has far-reaching consequences for British companies such as Ltd. or PLC. with administrative headquarters in Germany.
RA Anette Binder, LL.M.
RA Anette Binder, LL.M.
Legal Counsel (Syndikusrechtsanwältin)

Foreign Law, Great Britain/USA, Asia, Middle East, Corporate Law, Anticorruption Compliance
+49 69 6603-1491
+49 69 6603-2491