SME ID Tool

The Commission will roll out a simple, multilingual self-declaration SME ID so companies can instantly prove SME status across the EU, cutting red tape when dealing with authorities, banks and support schemes. Rules will be encouraged to reference this ID as default evidence, with extra paperwork requested only in duly justified cases. The tool sits within a broader SME package: a formal EU definition of small mid-caps (250–749 employees) and Omnibus measures to extend SME-style simplifications to them, plus systematic “SME-friendly” clauses in new laws and a reinforced SME check in impact assessments, all to ease cross-border operations and scaling in the Single Market.