The Create and Grow Act is one of the main reforms of the Recovery, Transformation and Resilience Plan and aims to boost the creation of businesses and facilitate their growth and expansion.
Creating a company will be easier and faster.
A Limited Liability Company can be incorporated with a share capital of 1 euro (previously 3,000 euros) and can be incorporated telematically, reducing time and costs.
Favor business growth.
The regulatory framework is improved by simplifying existing legislation and streamlining procedures.
Fight against late payment.
The main action is to promote the use of electronic invoices, making it mandatory to issue and send them.
Financial support for business growth.
Measures to improve alternative financing instruments to banking such as crowfunding, participatory financing, collective investment or venture capital.
