SMEs definition

SMEs mean micro, small and medium-sized enterprises within the meaning of Recommendation 2003/361/EC in the version of 6 May 2003. Part A IMPLEMENTATION OF THE PROJECT‌ SECTION 1 – GENERAL PRINCIPLES‌
SMEs means small and medium-sized enterprises as defined in the Annex to EU Recommendation 2003/361/EC.

More Definitions of SMEs

SMEs means undertakings that fulfil the conditions laid down in Commission recommendation of 6 May 2003 concerning the definition of micro, small and medium-sized enterprises20;
SMEs means undertakings that fulfil the conditions laid down in Commission recommendation of 6 May 2003 concerning the definition of micro, small and medium-sized enterprises (OJ L 124, 20.5.2003, p. 36).
SMEs means operators or aircraft operators that are small and medium-sized enterprises within the meaning of Commission Recommendation 2003/361/EC (2);
SMEs means small and medium-sized enterprises;
SMEs means the Small- and Medium-sized Enterprises; “SMIG” means the Salaire Minimum Interprofessionnel Garanti; “SNB” means the State Budget Nomenclature;
SMEs means micro, small and medium-sized enterprises, as defined in Commission Recommendation 2003/361/EC (1);
SMEs means Small and Medium Enterprises which comprise two (2) different sectors i.e. For Manufacturing, sales turnover not exceeding RM50 million OR full time employees not exceeding 200 workers. For Services and other Sectors, sales turnover not exceeding RM20 million OR full time employees not exceeding 75 workers.*Source: BNM Circular on New Definition of Small and Medium Enterprises (SMEs) – Please refer to Table 2: Appendix A.