How will the Directive affect Small to Medium sized Enterprises (SMEs)?
The vast majority of service providers are SMEs. However SMEs are often dissuaded from selling their services elsewhere in Europe, due to both time and financial implications. SMEs will therefore benefit from the more open regime the Directive seeks to introduce. Directive’s provisions allow SMEs to test new EU markets without the need to set up a permanent base the points of single contact will help SMEs to take advantage of the more open market by providing a single resource to find out how they can offer services in each Member State.
Related Questions
- What opportunities are there for Small and Medium Enterprises (SMEs) with innovative techniques such as lifting and buoyancy equipment?
- Can a private enterprise in Canada use the IFRSs for Small and Medium sized Enterprises (IFRSs for SMEs)?
- Is there any further guidance or information for Small and Medium sized Enterprises (SMEs)?