EU like making new regulation. There are simpler steps to make doing business here easier:

-force banks to respect EU free trade union and stop them from discriminating EU citizens and companies who are not citizens

-stop abuse when it comes to currency conversion rates

-raise VAT-free threshold to something that doesn't catch very small companies, 200k EUR in sales to EU would be a good start (currently it's 10k)

-force EU countries to move all the bureaucracy online; it's very realistic, Poland has done it (it's not 100% yet but close to it)

-enforce English as 2nd official language for business related paperwork

Instead I am pretty sure we will get more paperwork, requirements and way for bureaucrats to prolong every process and request more documents on the way.

This is the way. Refactor the law.