Societas Unius Personae : Further clarification needed

Will the EU's twenty-ninth regime on company law - which would allow for the creation of limited liability companies with a single shareholder with a minimum capital of just one euro – ever see the light of day? A draft regulation on single-member European private limited liability companies was dropped in 2008 because it did not receive unanimous support from the Council, and the proposed directive published by the Commission in April 2014 met the same fate. The new text…