Study on the accounting regime of limited liability micro companies

This study consists of a quantitative and qualitative assessment of the application of the super simplified reporting regime for micro companies as defined in the new Accounting Directive (2013/34/EU).
The requested service consists of assisting the European Commission with a quantitative and qualitative assessment in the examination of the application of the super simplified reporting regime for micro companies as defined in the legislation.
Against this background, we can summarize the objectives of the study as follows:
• Objective 1: Determine the number of companies by size criteria at national level, with a particular focus on the number and proportion of micro companies eligible for the reduction of administrative requirements; and,
• Objective 2: Assess the reduction of administrative burdens resulting from the micro-regime, and in particular from the exemption from the publication requirement.
To accomplish the above-mentioned objectives, we propose a methodology based on the tasks described hereafter. Should this proposal be accepted, the methodology will be further refined and discussed with the Commission services during a Kick-off Meeting.
• Task 1: Data collection exercise to determine the number of limited liability micro companies per Member State;
• Task 2: Survey exercise to assess the reduction of the burden due to the application of the super simplified accounting regime for micro companies.