Depending on the size of the company, SMEs could benefit from reductions from 35% to 95% in relation to standard registration fees, and from 25% to 90% in relation to standard fees for authorisation requests.
Since June 2008, UK based SMEs have submitted 370 registration dossiers (9.31%) concerning 238 (20.02%) substances.
The decision to reduce fees is a direct response by the Commission to concerns expressed by SMEs that REACH was one of the most burdensome pieces of EU legislation and a recent review which found the fees placed a disproportionate burden on SMEs relative to larger companies.
The EU chemical rules ensure a high level of protection of human health and the environment from risks posed by chemicals and makes industry responsible for assessing and managing the risks posed by chemicals and providing appropriate safety information to users.
The use of chemicals in Europe has become considerably safer since the REACH regulation entered into force, according to a report published in February 2013.
More readily available information about chemical substances on the market and better targeted risk management measures mean that risks from substances registered under REACH have significantly decreased. The trend is expected to continue, as industry is continuously working towards finding substitutes for the most hazardous chemicals.
Also, according to recent Eurobarometer survey, 61% of Europeans think that chemicals are safer now than 10 years ago.