The idea of the SE is to provide a company with a large degree of flexibility and mobility within the European internal market. For this reason, the SE can transfer its seat to a different EEA member state. This transfer of seat does not result in the winding up of the SE nor in the creation of a new legal entity (SE Regulation, Art. 8). In the meantime, 67 SEs have moved their seat into another country. At least 21 belong to the group of normal SEs. To date, no case is known in which the transfer of seat has resulted in a reduction or withholding of participation rights.