Company certification at IAPMEI in Portugal

Company certification at IAPMEI in Portugal

Company certification at IAPMEI in Portugal refers to the process of SME (Small and Medium-sized Enterprises) certification conducted by the Institute for Support to Small and Medium-sized Enterprises and Innovation (IAPMEI).

SME certification is a quality label that recognizes companies that meet performance and financial solidity criteria, and that are in good conditions to face market challenges. This certification is valid for a period of three years and can be renewed.

To obtain SME certification, the company must meet the following requirements:

  • Have an annual turnover of less than 50 million euros;
  • Have a total balance sheet of less than 43 million euros;
  • Have a number of employees less than 250.

IAPMEI SME certification can bring several benefits to companies, such as:

  • Access to credit lines and financing specifically for SMEs;
  • Priority in public procurement processes;
  • Possibility of reduction of fees and taxes in certain circumstances.

To obtain SME certification, companies must submit application on the IAPMEI and provide financial information and other relevant information.

The application is evaluated based on financial performance, management, and business strategy criteria, and the company must demonstrate compliance with current norms and regulations.

Adriano Martins Pinheiro, lawyer in Portugal

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