Which are the criteria to define whether a company is or not an SME?

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The European Commission in its Recommendation 2003/361/EC of May 6, 2003 established the following criteria, which enterprises have to fulfill to be considered as SMEs.

Enterprise category

Headcount

Turnover

or

Balance sheet total

medium-sized

< 250

≤ € 50 million

≤ € 43 million

small

< 50

≤ € 10 million

≤ € 10 million

micro

< 10

≤ € 2 million

≤ € 2 million

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