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  1. The freedoms of establishment and service provision are pivotal for business and professional mobility within the EU. The complete implementation of the Services Directive is crucial for solidifying the internal market, but obstacles still persist.

  2. The Freedom to Provide Services or sometimes referred to as free movement of services along with the Freedom of Establishment form the core of the European Union's functioning.

  3. As stipulated in the Treaty on the Functioning of the European Union and reinforced by the case-law of the European Court of Justice, the freedom of establishment and the freedom to provide services guarantee mobility of businesses and professionals within the EU.

  4. Freedom of establishment shall include the right to take up and pursue activities as self-employed persons and to set up and manage undertakings, in particular companies or firms within the meaning of the second paragraph of Article 54, under the conditions laid down for its own nationals by the law of the country where such establishment is ...

  5. The legal basis for the freedom to provide services and the freedom of establishment for payment institutions and electronic money institutions within the EEA is Article 28 of PSD2 (Directive ( EU) 2015/2366) and Article 3 of EMD2 (Directive 2009/110/ EC ).

  6. Freedom of establishment confers ‘no right on a company incorporated under the legislation of a Member State and having its registered office there to transfer its central management and control to another Member State’ (ECJ Case 81/87 – Daily Mail [1988] ECR 5483, para 25).

  7. When the internal market was established, the European economy primarily revolved around goods.1 The free movement of services, therefore, was consid-ered to be a residual freedom that applied where the other freedoms did not.2 In the age of Google and Goldman Sachs, this picture has drastically changed.