Rights Without Obligation Benefits of the Overseas Country and Territory of the EU and Their Compatibility With the Principles of Competition. Should Company Directors Have a Duty to Their Companies to Ensure That They Avoid Paying Tax?

The twenty one overseas countries and Territories depend constitutionally on four of the European Union Member States: Denmark, France, the Netherlands, and the United Kingdom. This OCT nationals are European citizens and for this reason enjoy all EU rights but the OCT are not automatically EU territory and EU law application is not 100% obligatory. However, these countries do not form part of EU territory. Accordingly, they are not directly subject to EU law, but they benefit from associate status conferred on them by the Treaty of Lisbon. The aim of this association is principally to contribute to their economic and social development. They profit from any advantage an EU territory have like grants and economic aid.