The new SME definition

European Commission Directorate-General For Enterprise And Industry

Description

User guide and model declaration
Enterprise
Target audience: Specialised/Technical

Informations

• Publié par: EUROPEAN-COMMISSION-DIRECTORATE-GENERAL-FOR-ENTERPRISE-AND-INDUSTRY
• Nombre de lectures: 25
• Langue: English

Extrait

34BN55_CV 29032005 13:48 Pagina1

In the 25member EU, there are

• some23 million SMEs, • representing99% of all EU companies, • employingaround 75 million people.

SME thresholds Micro Staff: < 10 enterprise Turnover: ≤2 million Balance sheet: ≤2 million Small Staff: < 50 enterprise Turnover: ≤10 million Balance sheet: ≤2 million Medium-sized Staff: < 250 enterprise Turnover: ≤50 million Balance sheet: ≤43 million

Autonomous enterprises

Partner enterprises

Linked enterprises

Common abbreviations

EIB: European Investment Bank EIF: EuropeanInvestment Fund EU: EuropeanUnion AWU: Annual work unit R&D: Research and development SME: Small and medium-sized enterprise

ENTERPRISE AND INDUSTRY PUBLICATIONS

The newSME definition User guide and model declaration

European Commission

This guide contains:

Details and explanations of the new SME definition which took effect on 1/1/2005.

A model declaration that individual companies may complete themselves when applying to SME support schemes in order to establish their SME status.