Business, tax and funding
microenterprise
In short and in plain language
A microenterprise is a very small business.
The European Union sets this out. Such a firm has few staff and low sales or a small balance sheet.
Some laws give such firms relief or make an exception for them. One example is making services easy for all to use.
Whether a firm counts as one depends on its own figures.
Definition
A microenterprise is a very small business with few employees and low turnover or balance sheet total, as defined by the EU. Some laws provide relief or exemptions for such businesses, for example on the accessibility of services. Whether a business qualifies depends on its actual figures.