Definition of SMI/SME
  • Definition of SMI/SME:

     SMI  Small and medium industries 
     SME Small and medium enterprise 
    Generally, SMEs are defined into two broad categories:
    1. Manufacturing, Manufacturing-Related Services and Agro-based industries
      "Small and medium enterprises in the manufacturing, manufacturing related services and agro-based industries are enterprises with full-time employees not exceeding 150 OR with annual sales turnover not exceeding RM25 million"
    2. Services, Primary Agriculture and Information & Communication Technology (ICT)
      "Small and medium enterprises in the services, primary agriculture and Information & Communication Technology (ICT) sectors are enterprises with full-time employees not exceeding 50 OR with annual sales turnover not exceeding RM5 million"
    In summary, detailed definition of SMEs by size are:
    Category
    Micro-enterprise
    Small enterprise
    Medium enterprise
    1.
    Manufacturing, Manufacturing-Related Services and Agro-based industries
    Sales turnover of less than RM250,000 OR full time employess less than 5
    Sales turnover between RM250,000 and less than RM10 million OR full time employees between 5 and 50
    Sales turnover between RM10 million and RM25 million OR full time employees between 51 and 150
    2.
    Services, Primary Agriculture and Information & Communication Technology (ICT)
    Sales turnover of less than RM200,000 OR full time employees less than 5
    Sales turnover between RM200,000 and less than RM1 million OR full time employees between 5 and 19
    Sales turnover between RM1 million and RM5 million OR full time employees between 20 and 50