Small and Medium Sized Company definition
Small and Medium Sized Company. (SMC) means, a company-
Small and Medium Sized Company means a business having not more than two hundred fifty employees;
Small and Medium Sized Company means, in accordance with Annex I, Article 2(1) of Commission Recommendation of 6 May 2003, any company that had less than 250 employees on average and had a net worlwide turnover of less or equal to EUR 50 milion, and/or an annual balance sheet total not exceeding EUR 43 million in the last financial year for which annual financial statements have been prepared;