SBR Assurance, what is going to change for you?

Starting from 1 January 2018, medium-sized companies are obliged to publish their financial statements for filing purposes with the Chamber of Commerce in SBR. Medium-sized companies are organisations with fewer than 250 employees, a maximum annual turnover of € 40 million or an annual balance total of ≤ € 20 million. Is your company part of a group, the head of which qualifies as a large enterprise or is quoted on the stock exchange? In such case, the SBR obligation will only apply for you as of financial year 2019.