DESCRIPTION:
National Legal Act referring to specific parameters used to classify the company, e.g. companies are primarily classified into private and public, sole proprietorship, partnership, corporation, and Limited Liability Company.
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| eira:ABB | eira:BindingInstrumentRequirement |
| dct:modified | 2023-06-26 |
| dct:spatial | National |
| dct:identifier | https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32006H0672 |
| dct:title | National Schema on company classification rules |
| skos:example | For instance, a small business in France would be classified under the same category as a small business in Germany, despite the differences in national laws and business practices. This allows for a more accurate comparison of business performance and economic trends across the EU. |
| eira:concept | eira:ArchitectureBuildingBlock |
| skos:note | The regulation provides a framework for classifying companies based on factors such as their size, industry, and legal structure. It is designed to facilitate the collection and comparison of statistical data across the EU, and to support the development of EU-wide policies and initiatives. Each member state is responsible for implementing this regulation in accordance with its own national laws and circumstances. |
| skos:definition | The national regulation on company classification rules within the European Union member states is a set of rules and guidelines that are designed to standardize the way companies are classified within each member state. This regulation is developed in accordance with the European Union's overarching regulation on company classification. It aims to ensure consistency and comparability across member states, facilitating cross-border trade and investment. |
| eira:definitionSource | European Union |
| eira:definitionSourceReference | https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32006H0672 |
| eira:view | LV-Binding Power and Jurisdiction |