- Key changes in the SNC thresholds (2026)
Standalone entities:
- Total assets:
- Micro: up to €450,000
- Small: up to €5,000,000
- Medium: up to €25,000,000
- Net turnover:
- Micro: up to €900,000
- Small: up to €10,000,000
- Medium: up to €50,000,000
- Average employees: 10, 50 and 250
Entities are classified according to the rule of not exceeding two out of the three thresholds.
Corporate groups:
The revised limits may alter consolidation requirements for various groups.
- Practical implications
- Simplification for companies that move into lower categories.
- Increased obligations for those exceeding the new thresholds: more detailed financial statements, enhanced audit requirements and greater mandatory disclosures.
- Strategic implications for groups, requiring reassessment of consolidation needs.
- Early preparation is essential to align systems and internal processes before 2026.
- Preparing for 2026
Companies should:
- Review current classification.
- Assess the impact on reporting and audit obligations.
- Adjust internal accounting procedures and systems.
- Train their finance teams.
- Consider indirect tax and compliance implications.
Conclusion
The new SNC thresholds represent a significant regulatory update. Preparing early will help companies avoid non-compliance and optimise their accounting and reporting processes.
How Nominaurea supports its clients
- Detailed assessment of each company’s classification under the new thresholds.
- Adjustment of accounting procedures to ensure full compliance.
- Preparation of 2026 financial statements aligned with the new criteria.
- Strategic advisory for companies and groups.
- Continuous support to guarantee reliability, compliance and efficiency.
