What is a micro business?

From 26 August 20131 a business is classified as a Microbusiness (MBC) if it meets one of the following criteria:

Usage Gas: Consumes not more than 293,000 kWh per year; or Electricity: Consumes not more than 100,000 kWh per year; or Size Employ fewer then 10 employees (or FTE equivalent) and Their annual turnover or balance sheet is not greater than €2 million.

Have some questions about the above answer?

If you couldn’t find the answers you were looking for, fill out the form below and someone from our team will get back to you with an answer.