Micro Small and Medium Enterprises Redefined

2022-09-01 Reference source : Official Newspaper

On March 17th 2022, the SME regulation has been updated to redefine the micro, small and medium enterprises to match the value change of the Turkish Lira in the past years. The new definitions might affect companies who have declared themselves as SMEs before, subsequently affecting the official fees related to their business size for KKDIK registration.

With the registrations going forward to meet the deadline of December 2023 under KKDIK, the Ministry of Environment, Urbanization and Climate Change of Turkey is asking for a signed SME declaration from the registrants if they have previously declared themselves as SMEs.

You could find the new criteria under SME regulation here:

Criteria set by SME Regulation of Turkey

Year

2022

Large Size

Medium Size

Small Size

Micro Size

Head Count > 250

Annual Net Revenue or Financial Balance

> 250 million ₺

Head Count < 250

Annual Net Revenue or Financial Balance

≤ 250 million ₺

Head Count < 50

Annual Net Revenue or Financial Balance

≤ 50 million ₺

Head Count < 10

Annual Net Revenue or Financial Balance

≤ 5 Million ₺

It is important to check with the new definitions to see if the previous definitions are still met by the company. As a result, you could complete your fee payments in accordance with the size of the company during the KKDIK registration process.

We acknowledge that the above information has been compiled from Official Newspaper .

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Micro Small and Medium Enterprises Redefined

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