Right of Establishment

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Right of Establishment

The right of a citizen of any country in the European Union to start a company, set up a subsidiary or generally to conduct business in any other EU country. The right of establishment is part of the common market of the EU. It is guaranteed by the Treaty of Lisbon.
References in periodicals archive ?
Although Kallas said that "the agreement goes very far," the Europeans failed to obtain at least one of their demands: the possibility of whole ownership of Brazilian airlines and the resulting rights of establishment. At present, Europeans may only own 20% of a Brazilian airline.
The aim, they recalled in unison, was that such candidates should participate in the European Parliament elections of 2004 as members.In the Council conclusions there was a welcome for Slovakia's "significant" progress in aligning legislation to the acquis, especially in capital movements, financial markets, the fight against money laundering, anti-trust and chemicals, the amendments to the law on the Central Bank, mutual recognition of professional qualifications, and the rights of establishment and freedom to provide services.