Last year, a review of Europe’s REACH regulation concluded that complying with REACH regulation obligations posed a disproportionate cost burden on Small to Mid-sized Enterprises, or SMEs, relative to the burden of larger companies.
Depending on the size of the company, SMEs could benefit from reductions of 35%-95% in relation to standard registration fees, and of 25%-90% in relation to standard fees for authorization requests, says IHS, a provider of global market and economic information
REACH fee increase for larger companies. However, REACH fees for larger companies will actually increase. Your company is considered large if the headcount is above 250 and revenues are higher than 50 million euros per year.
The hope is that
- increasing fees for larger companies and
- decreasing fees for small to mid-sized companies
will level the playing field, and overall the revenue paid to the European Chemicals Agency will be balanced and unchanged.
However, again. But all fees will also be adjusted for inflation. This means increased. Confused? Welcome to REACH!
I’d say don’t worry too much about the fee change, just be aware it’s happening. Changes will be rolled into REACH-IT by Friday, March 22, 2013.
REACH-IT is closed until that date for maintenance / adjustments towards a new fee structure.