PART THREEU.K. UNION POLICIES AND INTERNAL ACTIONS

TITLE IVU.K. FREE MOVEMENT OF PERSONS, SERVICES AND CAPITAL

CHAPTER 2U.K.RIGHT OF ESTABLISHMENT

Article 54U.K.(ex Article 48 TEC)

Companies or firms formed in accordance with the law of a Member State and having their registered office, central administration or principal place of business within the Union shall, for the purposes of this Chapter, be treated in the same way as natural persons who are nationals of Member States.

‘Companies or firms’ means companies or firms constituted under civil or commercial law, including cooperative societies, and other legal persons governed by public or private law, save for those which are non-profit-making.