What did the Malta Chamber of SMEs bring through for business in this year’s budget?
18 October 2021
The Malta Chamber of SMEs has noted a number of positive initiatives that will aim...
COM(2009) 83 – Proposal for a Directive and amendment on the annual accounts as regards micro-entities (less than 10 employees)
The Commission is proposing an amendment to Directive on the annual accounts of Micro Enterprises so as to allow Member States to completely abolish financial reporting obligations.
The Commission suggests establishing an option for Member States of relieving them from the requirement to draw up annual accounts The objective of this proposal is to simplify the business environment and particularly the financial reporting requirements in order to enhance their competitiveness and release their growth potential.
Source: MEUSAC Competitiveness and Consumer Affairs Committee
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).