Micro Small and Medium Enterprises Redefined

Date
12 Jun 2023

Chemical Framework

GPC - Global Product Compliance

The SME rule was modified on May 25th, 2023 to change the definition of micro, small, and medium firms to reflect the value alter of the Turkish lira in recent years. The revised criteria may have an impact on enterprises who have previously designated themselves as SMEs, modifying the official costs associated with their business size for KKDIK registration.  
 
The Ministry of Environment, Urbanization, and Climate Change of Turkey is requesting a signed SME declaration from registrants if they have previously classified themselves as SMEs. It is critical to check with the new definitions to see if the firm is still meeting the former definitions. As a consequence, throughout the KKDIK registration procedure, you might finish your fee payments in line with the size of the firm.   
 
The new criteria under SME legislation can be found here:  
 
  
Criteria set by SME Regulation of Turkey 
Year 
 
2023 
Large Size 
Medium Size 
Small Size 
Micro Size 
Head Count 
 > 250  
Annual Net Revenue or Financial Balance  
> 500 million ₺  
Head Count  
< 250  
Annual Net Revenue or Financial Balance  
≤ 500 million ₺  
Head Count  
< 50  
Annual Net Revenue or Financial Balance 
≤ 100 million ₺  
Head Count  
< 10  
Annual Net Revenue or Financial Balance  
≤ 10 million ₺  

It is important to check with the new definitions to see if the previous definitions are still met by the company. Therefore, companies could complete their fee payments according to the size of the business during the KKDIK registration process. 

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