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and i am sure the properly-greased hand will ascertain that the right businesses get classified as "SME" and the wrong ones do not ;)
by dmitrygr 8y ago
and i am sure the properly-greased hand will ascertain that the right businesses get classified as "SME" and the wrong ones do not ;)
- GordonS 8y agoNope, the EU has a formal definition of a SME: "The category of micro, small and medium-sized enterprises (SMEs) is made up of enterprises which employ fewer than 250 persons and which have an annual turnover not exceeding 50 million euro, and/or an annual balance sheet total not exceeding 43 million euro."
- niftich 8y agoSource on the EU SME definition is: 'Evaluation of the SME definition - Final Report' [1], published 2014-03-28. [1] https://publications.europa.eu/en/publication-detail/-/publication/5849c2fe-dcd9-410e-af37-1d375088e886 https://publications.europa.eu/en/publication-detail/-/publi...
- GordonS 8y agoI should have included that, thanks :)
- yayana 8y agoThe other method is to rearrange the business model to introduce shell SMEs or affiliates that pay licenses for subdomains (or what have you) to corporate and have very small actual roles aside from being the unregulated party. The EU added restrictions related to the data itself to prevent outsourcing the liability in the case of GDPR, it will be interesting to see how well they can define and prevent structuring in this case.
- krageon 8y agoThis line of reasoning (and accepting that it exists / thinking it is normal) is why we're in this mess in the first place.