small enterprise

Defined in 2 EU acts of the Digital group: DORA First Data Act Reference

DORA, Article 3(63) First adopted 2022-12-14

a financial entity that employs 10 or more persons, but fewer than 50 persons, and has an annual turnover and/or annual balance sheet total that exceeds EUR 2 million, but does not exceed EUR 10 million

Data Act, Article 2(25) Reference adopted 2023-12-13

Refers to 32003H0361 (not in this group).

a small enterprise as defined in Article 2(2) of the Annex to Recommendation 2003/361/EC