European Economic Interest Grouping - EEIG1

General introduction

The European Economic Interest Grouping (EEIG) is a form of business entity designed to facilitate co-operation between business enterprises in different countries within the European Community (EC). It came into existence following an EC council regulation of 25 July 1985 effective from 1 July 1989. From 1 January 1994, as a result of the European Economic Area Agreement, an EEIG may include members from Austria, Finland, Iceland, Norway and Sweden. Austria, Finland and Sweden joined the EC on 1 January 1995 and Liechtenstein joined the EEA on 1 May 1995.