The aim of this video is to provide you with simplified guidance when applying the SME definition. SME definition. It is not legally binding, and its authors may not be held liable in any way whatsoever.
Commission Recommendation 2003/361/EC, as published in the Official Journal of the European Union L 124, page 36 of 20 May 2003, is the sole authentic basis for determining the conditions regarding qualification as an SME.