The EEIG is established by a consortium agreement and is established on the day of its registration. The contract must include:
- Company name, the company must include the European Economic Interest Grouping or EEIG,
- Domicile - on the registered office depends which law will be applicable in the alternative, it may be only in an EU Member State, it may be just the place where the main EEIG management or the main management of the member of the EEIG which is a legal person or, if a natural person, where he / she carries out his / her main activity if the EEIG also carries on business,
- The scope of activities of the EEIG
- The designation of a member of the EEIG - a Member State may provide that the EEIG may not have more than 20 members (restrictions are governed by the law of the association's headquarters) and that certain groups of entities may not charge membership, only under specified conditions (limitation by the law of the State to which the person concerned is subject)
- The duration of the EEIG unless otherwise stated in the contract, is based on an indefinite period of time, the EEIG Regulation expressly prohibits the contract from adjusting in advance the amount of the rights and obligations of a member upon termination of membership.
- Formal requirements - written form, notarial deed nor official signature verification is not required. The Member State cannot make any further requirements.