Entering the EU
The main benefit of trading in the European Union (EU) is the European single market. It is the largest international single market in the world.
This unification has led to greater competition in services, removal of trade barriers, reduction of business costs, greater business efficiency and elimination of anti-competitive practices.
The EU has taken measures to reform and make it even easier for countries to trade with each other, such as: reducing paperwork, harmonising standards, allowing a single currency to trade and member state residents to move freely between other countries.
Being part of the EU
EU legislation is binding for EU member states. The governments of member states must incorporate EU laws into their national legislation and the movement between all of the member states is completely free, opening up additional job and education opportunities.
Becoming Industry Leaders
The EU has also introduced measures to harmonise its laws across Europe, thereby ensuring: easier access to funding, more effective legislation in protection of shareholders, creditors and employees as well as a reduction in the business administration.
Rely on our one-stop-shop Business and Innovation 2.0
To start a new company or expand your business in an EU country you need to know the rules that apply.
Wherefor Universe is an umbrella of entities each specialized in various corporate and digital aspects. We provide a 360 degree holistic approach to our clients, with comprehensive solutions, tailored to your needs and expectations. Wherefor, the parent group company behind Y | Hungary solutions, is built over three main core pillars:
- Research-as-a-Service
- Development-as-a-Service
- Innovation-as-a-Service