Home page - Setting up a business - A definition of an SME
On May 6, 2003, the Commission adopted a recommendation regarding the definition of a SME, which modified the 1996 Recommendation. The text defines the types of company (autonomous enterprises, partner enterprises and linked enterprises) and establishes a transparent method for calculating the financial limits and number of employees. This definition has been in effect since January 1, 2005.
Dirección General de Industria y de la Pequeña y Mediana
Ministerio de Industria, Energía y Turismo
Paseo de la Castellana, 160 - 28071 Madrid - España