Mr. Pat Houlihan:

The requirement is that the registered office and one or other of the central administration or principal place of business have to be in the same member state. That affords a reasonable degree of comfort. It is not intended to facilitate fly by nights or people operating from remote jurisdictions, like drones, and manipulating operations remotely. There would have to be a substantial presence in the member state in which the business operates in order for it to be registered and be bona fide.