EC Internal Market and Services Commissioner
Michel Barnier has expressed strong support for the European
Parliament’s vote on cutting red tape for more than 5 million of
the smallest companies in Europe.
Barnier said reducing accounting requirements
will free up small companies’ resources to grow and invest in their
businesses.
He also called on the member states to fully
adopt the new accounting rules and further reduce red tape as a
free way to support small businesses.
‘The member states should ensure that the
benefits of simplification reach each and every micro-entity in the
EU, which make up around 75% of EU companies.’ Barnier said.
From next year member states will be able to
vote a ‘one-stop shop’, meaning that the smallest companies will
only have to send their accounts to the tax
administration.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
