Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-10-Speech-3-195"
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"en.20100310.19.3-195"2
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"The proposal submitted to us entails allowing the Member States to exempt certain enterprises (microentities) from the obligation to draw up and publish their annual accounts. I am, of course, hugely in favour of reducing the administrative burdens for businesses, in particular, for SMEs and very small enterprises. However, the Commission proposal cruelly misses the mark: firstly, it is not clear whether the proposed system would really reduce the administrative burden on these businesses (the statistical data currently compiled will have to be gathered by other means) and, secondly, this text, which leaves it up to each Member State to decide whether or not to apply the exemption, is in danger of fragmenting the internal market (in the highly likely event that some Member States will apply the exemption and others will not). This proposal should have been withdrawn and consideration given to the issue of simplifying the administrative burdens on these small enterprises (company law, simplifying the requirements of financial reports, accounting, auditing and so on) as part of the overall review of the fourth and seventh Company Law Directives, planned for the near future. I therefore voted against Mr Lehne’s report on the annual accounts of certain types of companies as regards microentities."@en1
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