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Home / Simons-Taxes /Corporate tax /Part D4 Overseas issues /Division D4.5 UK and European Economic Interest Groupings /Treatment of UK and European Economic Interest Groupings / D4.501 Definition of UK and European Economic Interest Groupings (EIGs)
Commentary

D4.501 Definition of UK and European Economic Interest Groupings (EIGs)

Corporate tax

For updates affecting this Division please see Part D0 Updates

Treatment of UK and European Economic Interest Groupings

D4.501 Definition of UK and European Economic Interest Groupings (EIGs)

It was possible to form a European Economic Interest Grouping (EEIG) in the UK1 up until the end of the Brexit implementation period. An EEIG is a form of business entity set up as a co-operative venture under the provisions of EC Council Regulation 2137/85 by enterprises of two or more member states of the European Community. However, from IP completion day (11pm on 31 December 2020), the ability to form an EEIG within the UK was removed. Any EEIGs that were registered in the UK immediately before IP completion day were automatically converted into UK Economic Interest Groupings or 'UKEIGs'2. EEIGs which had their official address in the UK before IP completion date had the option to transfer their registered office to another EU member state if they wanted to continue operating as an EEIG, although an additional member

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