New size criteria for corporations
7. January 2017
Effective January 1, 2016, the size criteria for corporations were revised. This has implications for the obligations or exemptions a company faces when preparing and publishing its annual financial statements. The key factor for classification is whether the company exceeds at least two of the thresholds in two consecutive fiscal years.
| small | Medium | large | |
| Total assets from (€) | 350,000 | 6,000,000 | 20,000,000 |
| Revenue from (€) | 700,000 | 12,000,000 | 10,000,000 |
| Employees from | 10 | 50 | 250 |
