The DIRECTIVE 2014/66/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 15 May 2014 on the conditions of entry and residence of third-country nationals in the framework of an intra-corporate transfer, which was published in the Official Journal of the European Union on 27 May 2014, enters into force today 28 May 2014.

This directive is aimed to make it easier and quicker for multinational companies to temporarily assign highly skilled employees to subsidiaries situated in the EU. Moreover, the directive aims to facilitate mobility of intra-corporate transferees between Member States during their assignments. The directive also lays down a common set of rights for intra-corporate transferees when working in the EU in order to avoid their exploitation and distortion of competition.

According to the Commission 15 000 to 20 000 intra-corporate transferees will be admitted annually in the framework of this directive. This should contribute to EU competitiveness and economic growth.

Please read the press release of the Council to know more about this new legislative instrument and what's new with it.