Abstract
Not many decisions of the Court of Justice have stirred such an intensive academic debate in Germany1as the Court's well-knownCentrosjudgment,2dealing with a Danish couple that had registered a private limited company in England and had then applied to register a branch in Denmark. The Danish authorities refused a registration for the reason that under Danish law a ‘foreign limited company’ which does not transact business in its state of incorporation has to fulfil certain requirements of Danish company law, in particular the paying-up of the minimum capital fixed at DKK 200.000. The competent Danish Court referred the question to the Court of Justice whether the Danish regulation was compatible with Article 52 (now Article 43) ECT in conjunction with Article 58 (now Article 48) ECT.
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