Standardisation and Digital Integration

a) We advocate for a vastly simplified incorporation process across Europe, making it digital, cost-effective, and universally compliant. Incorporating anywhere in Europe should be as easy and cheap as in the UK. In the EU, incorporation should be automatically compliant across the Union, by building on the Societas Europea (SE) framework8.

b) Introduce standardised convertible note investment instruments, modelled after the successful American SAFE note, to harmonise early-stage funding mechanisms across Europe. This approach would standardise and simplify investment processes, providing a clear and consistent framework for startups and investors throughout the continent.

c) Extend standardisation to public digital infrastructures such as health records, KYC, transport systems, payments, and e-signatures, which should be accessible via REST APIs to ensure interoperability and efficiency. The EU could expand on the digital single market and individual countries should look at existing precedents such as the X-Road initiative.

d) Adopt a uniform design system for all European government digital services, inspired by the UK’s gov.uk system, to reduce costs, enhance security, improve user experience, and ensure inclusion. This design approach should be open source and made accessible for other countries, to set a global standard.9

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eu/acc

Date

3 months ago

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