According to the EU Commission Vice-President, accountable for Enterprise and Business, the EU is initiating an ambitious programme for the cutback of administrative inconvenience and needs some help if they’re to succeed. Help from companies, stakeholders and EU Member States. The European union endeavours to speak to business directors, and, even more importantly, consider their thoughts.
The European Commission is ready to make sure that new regulations does not raise the troubles of small businesses, however takes their needs into consideration. To do this the Commission has adopted the next principles:
1 – All new proposals with an impression on business ought to be under rigorous analysis regarding their potential impact on SMEs.
2 – EU rules may be different between micro, small, medium-sized and large companies so as to ensure that the obligation created is proportionate to the various types of companies.
3 – Specific support measures, reduced fees, or perhaps exemptions can be applied to protect SMEs and ensure a level playing scope for all companies.
For example:
The Commission has simplified the rules concerning Small entreprises within the pharmaceutical sector by reducing fees for micro-enterprises, enabling to postpone fees payment, providing administrative and regulatory help when submitting applications for the European Medicines Agency.
Inside the European Commission, the Small company Diplomat acts as a dedicated ambassador for sme and maintains active dialogue with SME stakeholders to confirm that the interests of small businesses are properly addressed in new rules. The SME Diplomat has been also active in proposing solutions for the barriers hindering SMEs.
Protecting Small businesses from late payments
Late payments is a real issue for business. Twenty-five percent of all insolvencies represent late payments and European Small entreprises are significantly weak in front of this important subject. To handle this matter, the Commission has charged itself to review its 2000 Directive so as to simplify it and clarify issues such as interest payments. This could dissuade late payers and guarantee that Small entreprises are paid within a reasonable time for all industrial transactions.
Make standardisation work for Small entreprises
It’s vital that SMEs are attentive to European and international standards. And they need to combine them into their product specifications so their services are competitive on international markets. To make sure that SME needs are taken into consideration when drafting standards, the Commission will double its money support for the promotion of SMEs’ interests.
Additionally, it has recommended that standards bodies reduce the cost of access to standards for SMEs. Measures are also planned to guide and support SMEs through the standardisation process.
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