Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-12-13-Speech-2-340-250"
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"en.20111213.26.2-340-250"2
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"This recommendation for second reading, by Mr Lehne, is aimed at the adoption of the directive of Parliament and of the Council amending Directive 78/660/EEC on the annual accounts of certain types of companies as regards micro-entities, that is, a subgroup of micro-enterprises, the majority of which operate their business at a local level. It concerns a definition that is not included in Commission Recommendation 2003/361/EC, which defines micro, small and medium-sized enterprises, but which sets them out for accounting reasons. Like other companies, micro-entities are obliged to publish their accounts annually, which represents a significant burden in view of their turnover. However, Member States may exempt micro-entities from having to publish their accounts under certain conditions. The aim of this directive is therefore to facilitate business activity for micro-entities by reducing the administrative burden. Given the importance of these companies for the local economy and their contribution to national GDP, I welcome the proposals to amend the amounts up to which they can be granted exemption, namely, changing the balance sheet total from EUR 250 000 to EUR 350 000, and the net turnover from EUR 500 000 to EUR 700 000, and I am voting for this recommendation."@en1
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