Oireachtas Joint and Select Committees
Wednesday, 11 June 2014
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
EU Supports for SME Sector: European Commission
11:20 am
Feargal Quinn (Independent)
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It is a pleasure to meet Mr. Calleja Crespo. I was chairman and vice chairman of EuroCommerce for a number of years. One of the challenges to SMEs is the one he touched on, namely, bureaucracy and red tape. What can we do to reduce it? I understand in France and perhaps in other countries that such red tape does not really come into being until one has 50 employees. We in this country have the same rules for someone with 2,000 or 10,000 employees as we have for somebody with four employees. Is there any example that Europe can set to reduce the red tape and bureaucracy for small companies, in particular start-up companies? That would be a huge benefit.