SOCIETAS EUROPAEA AND BUSINESS TRANSNATIONAL MOBILITY Andrea KAJCSA * ABSTRACT: This paper analyses a subject which, for around 35 years, was largely academic, as it could even be seen from its Latin name: the Societas Europaea. Now it is no longer academic, but will it be a real opportunity for the business community? We think it may be, depending on the requirements and willingness to pay a price in the form of a considerable degree of legal uncertainty. The original concept of the S.E. was a truly European company governed by a single set of rules, irrespective of where its seat was located, and having the freedom to move from one EU Member State to another without being bothered by the traditional obstacles faced by companies subject to national law. The question we ask ourselves, and try to find an answer as objectively as possible is whether the promise of unrestrained mobility that the S.E. makes can truly be attained or if it remains just that – a promise? KEYWORDS: Societas Europaea, transnational mobility, business opportunity, legal uniformity. JEL CODE: K 22 1. INTRODUCTION U.E. member states have to harmonize their national legislation in order to ease the existence and activity of companies within the U.E. In the same time, new legal provisions are elaborated concerning the activity of companies set up under U.E. legislation. The European Company (SE) has been for more then 35 years a subject opened mainly to academic debate, as we can deduce out of its Latin name: Societas Europaea. Finally, after such an extended period of theorizing, a true Saga – the name given to this long process by some authors - Bourne, N., 1998, the concept has stepped from a theoretical level to the practical one. However, we ask ourselves whether this concept and, at the same time, way of organizing commercial activities represent or not a real opportunity for the entrepreneurs? * Teaching assistant, Faculty of Economics, Law and Administrative Sciences, University "Petru Maior" - Tirgu- Mures, Ph.D. Candidate, ROMANIA.