The European Commission has published a proposal (available here and the press release here) for a directive amending Directive (EU) 2017/1132, to make it easier for companies to merge, divide or move within the Single Market. The proposal includes new harmonised rules on cross-border conversions (from one EU state to another) and divisions (into two or more entities across borders) - aiming to ensure that employee, member and creditor rights are protected, and tax abuse is prevented. The proposal also amends the procedure for cross-border mergers, primarily to include additional protections for members and creditors.