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DEFINITIONS FOR SMALL AND MEDIUM ENTERPRISES IN …

DEFINITIONS FOR SMALL AND MEDIUM ENTERPRISES IN MALAYSIA (Approved for Adoption by National SME Development Council on 9 June 2005) Issued by: Secretariat to National SME Development Council Bank Negara Malaysia 13 September 2005 CONTENTS Page 1. Rationale for Standard DEFINITIONS for SMALL and MEDIUM ENTERPRISES 2 2. Coverage of DEFINITIONS for SMEs in Malaysia 2 3.

Definitions for Small and Medium Enterprises in Malaysia 4 Specific Definitions 3.1.2 A micro enterprise in primary agriculture is an enterprise with full-time employees of less than 5 or with annual sales turnover of less than RM200,000; 3.1.3 A small enterprise in primary agriculture is an enterprise with full-time

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