Europe is on the verge of establishing a corporate structure similar to the Delaware C Corp, a U.S. entity known for its flexibility and appeal to startups. However, key stakeholders in the European startup ecosystem are urging lawmakers not to dilute the proposal. In an open letter published on Thursday, a prominent group of entrepreneurs, investors, and industry leaders emphasized that the new corporate status must remain strong and not be compromised. This push is part of the EU Inc campaign, which seeks to create a unified company statute across the European Union, allowing businesses to operate under a single legal framework throughout the bloc. Supporters of the initiative have already gained backing from top European Union officials. However, they are now expressing concern that the final legislation might become ineffective if key components are weakened. With just over 100 days until European institutions go on winter recess, the letter serves as a reminder of the importance of maintaining the proposal’s core features. Advocates argue that the reform could significantly reduce the bureaucratic hurdles and regional disparities that currently hinder European companies, potentially unlocking new investment and encouraging a surge in entrepreneurship. The letter highlights several technical details that, while seemingly minor, are crucial for the success of the new corporate structure. These include the need for a centralized registry for companies and a rule that employees should only be taxed on stock options when they actually sell them. These specifics are important to ensure the new entity is practical and attractive to founders. As Martin Mignot, a partner at Index Ventures and a supporter of EU Inc, previously noted, “the devil is in the details,” and the campaign is closely monitoring those aspects to ensure the structure meets the needs of entrepreneurs. To add weight to their argument, the EU Inc campaign has attracted high-profile endorsements from both investors and entrepreneurs. Prominent venture capitalists such as Sonali De Rycker of Accel, Michael Moritz of Sequoia, and Niklas Zennström of Atomico have signed the latest letter. On the startup side, the campaign has also gained support from founders of well-known unicorns like ElevenLabs, Mistral, and Synthesia. Some of these companies are based in the United States, suggesting that the proposed reform could reshape the landscape of European entrepreneurship, potentially making the current fragmented system obsolete.