small and medium-sized enterprises

Definitions over time (1)

20/03/2008 – 21/07/2019 Article 2, Directive 2003/71/EC Scope: Whole act

For the purposes of this Directive, the following definitions shall apply:

‘small and medium-sized enterprises’ means companies, which, according to their last annual or consolidated accounts, meet at least two of the following three criteria: an average number of employees during the financial year of less than 250, a total balance sheet not exceeding EUR 43 000 000 and an annual net turnover not exceeding EUR 50 000 000;

No text uses this concept on 12/11/2026.