Plans to update SME definition

Author (Corporate)
Series Title
Series Details No.8, July-September 2002, p8-9
Publication Date July 2002
ISSN 1681-4592
Content Type ,

Small and medium-sized enterprises are socially and economically important, but face particular difficulties. To compensate for this they are granted certain benefits and exemptions under EU and national legislation. To avoid distorting the internal market, fair, legally secure and easy to apply definitions must be used for the various categories of SMEs. The definitions currently applied were agreed in 1996 and need to be revised to take account of subsequent economic developments and prevent abuse.

Source Link http://bookshop.europa.eu/en/enterprise-europe-pbNBBH03012/issues/?PublicationKey=NBBH03012&EditionKey=NBBH03012ENC_PDF&CatalogCategoryID=C5gKABstvcoAAAEjZJEY4e5L
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http://bookshop.europa.eu/en/enterprise-europe-pbNBBH03012/issues/?PublicationKey=NBBH03012&EditionKey=NBBH03012ENC_PDF&CatalogCategoryID=C5gKABstvcoAAAEjZJEY4e5L http://bookshop.europa.eu/en/enterprise-europe-pbNBBH03012/issues/?PublicationKey=NBBH03012&EditionKey=NBBH03012ENC_PDF&CatalogCategoryID=C5gKABstvcoAAAEjZJEY4e5L
http://ec.europa.eu/comm/enterprise/consultations/sme_definition/index.htm http://ec.europa.eu/comm/enterprise/consultations/sme_definition/index.htm

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