enterprise – Muhasebe News https://www.muhasebenews.com Muhasebe News Tue, 10 Dec 2019 10:41:33 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.5 1 in 10 enterprises in the EU classified as high-growth companies https://www.muhasebenews.com/en/1-in-10-enterprises-in-the-eu-classified-as-high-growth-companies/ https://www.muhasebenews.com/en/1-in-10-enterprises-in-the-eu-classified-as-high-growth-companies/#respond Tue, 10 Dec 2019 11:00:06 +0000 https://www.muhasebenews.com/?p=72883 1 in 10 enterprises in the EU classified as high-growth companies

According to the data published by Eurostat, the statistical office of the European Union, in 2017, 190 000 companies were classified as high-growth enterprises. Together, they provide work for 16.4 million employees.

These enterprises account for over one tenth (11.3%) of all active enterprises with at least ten employees in the business economy in the European Union (EU). This share increased by 2.1 percentage points compared with 2014 (9.2%).

Looking at a breakdown by economic activity, high-growth enterprises were more predominant in the service sectors than in the rest of the EU business economy in 2017.

The highest proportion of high-growth enterprises was in the ‘Information and communication’ sector (17.0% of active enterprises in this sector), followed by ‘Administrative and support service activities” (15.3%), ‘Transportation and storage’ (14.0%) and ‘Professional, scientific and technical activities’ (12.7%).

Highest share of high-growth enterprises in Ireland

In 2017, the distribution of high-growth enterprises varied considerably between EU Member States. The highest proportion of high-growth enterprises among all active enterprises with at least 10 employees was recorded in Ireland (16.5%), followed by Spain (15.0%), Portugal (14.2%), the Netherlands (13.9%), Malta (13.7%) and Sweden (13.6%).

At the opposite end of the scale, the lowest shares were registered in Cyprus (2.7%, 2016 data) and Romania (2.9%), followed by Greece (6.7%), Estonia (7.2%) and Austria (7.8%).

Compared with 2014, the proportion of high-growth enterprises among all active enterprises with at least 10 employees increased in most EU Member States. The highest increases were recorded in Portugal (from 8.6% in 2014 to 14.2% in 2017, or an increase of 5.6 percentage points (pp)), Spain (+5.5 pp) and Slovenia (+5.4 pp).

In contrast, this share decreased in five EU Member States: Estonia and the United Kingdom (both -1.4 pp), Germany (-1.1 pp, 2012 data instead of 2014), Latvia (-0.9 pp) and Lithuania (-0.8 pp).

High-growth enterprises contribute to employment most in Ireland, Portugal and Spain

High-growth enterprises have a significant impact on employment*. In 2017, about 1 in 5 employees of enterprises with 10 or more employees was employed in high-growth enterprises in Ireland (24.7%), Portugal (23.1%), Spain (22.3%) and the Netherlands (21.8%).

In contrast, the lowest shares were registered in Cyprus (4.5%, 2016 data), followed at a distance by Romania (7.7%), Austria (8.6%) and France (9.4%).

Source: Eurostat / Link: https://ec.europa.eu/eurostat/web/products-eurostat-news/-/DDN-20191210-1?inheritRedirect=true&redirect=%2Feurostat%2Fweb%2Fmain
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/1-in-10-enterprises-in-the-eu-classified-as-high-growth-companies/feed/ 0 Do You Know The Numbers Of Starting – Closing Companies Of 2016-2017 July On City Basis? https://www.muhasebenews.com/en/do-you-know-the-numbers-of-starting-closing-companies-of-2016-2017-july-on-city-basis/ https://www.muhasebenews.com/en/do-you-know-the-numbers-of-starting-closing-companies-of-2016-2017-july-on-city-basis/#respond Tue, 12 Sep 2017 12:45:08 +0000 https://www.muhasebenews.com/?p=21855 The numbers and of types of Starting – Closing Companies of 2016-2017 July on city basis are shown on the table below:
According to the table;
1- City of İstanbul; The number of companies that were started in the year of 2016, the month of July was 1.177, this number has risen to 1.902 in 2017, July.
2- City of Ankara; The number of companies that were started in the year of 2016, the month of July was 332, this number has risen to 597 in 2017, July.
3- City of Izmir; The number of companies that were started in the year of 2016, the month of July was 176, this number has risen to 324 in 2017, July.

Source: Turkish Union of Chambers and Exchange Commodities

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/do-you-know-the-numbers-of-starting-closing-companies-of-2016-2017-july-on-city-basis/feed/ 0 Is there a Deduction of Research and Development in Turkey? https://www.muhasebenews.com/en/is-there-a-deduction-of-research-and-development-in-turkey/ https://www.muhasebenews.com/en/is-there-a-deduction-of-research-and-development-in-turkey/#respond Tue, 02 May 2017 10:21:24 +0000 https://www.muhasebenews.com/?p=14900 Being valid from 31.07.2004, 40% of expenditures oriented to new technology and searching of knowledge realized in the structure of enterprise and being valid from 01.04.2008 100% of these expenditures can be deducted from the corporate income declared by annual tax return.

Source: Revenue Administration

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/is-there-a-deduction-of-research-and-development-in-turkey/feed/ 0