Companies Act 2014 - Medium Sized Company

 

The Companies Act 2014 amends the size criteria to qualify for a  “medium company” : 
  • balance sheet total of less than €10 million (€4.4 million for a small company);
  • turnover of less than €20 million (€8.8 million for a small company);
  • average number of employees of less than 250 (50 for a small company).

 All 3 conditions apply for a medium company (whereas 2 of 3 conditions apply for a small company for its criteria).

 

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