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This article guides the identification of small, medium and micro enterprises through criteria.

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CRITERIA FOR DETERMINING MEDIUM, SMALL AND ULTRA SMALL ENTERPRISES

CRITERIA FOR DETERMINING MEDIUM, SMALL AND MICRO-SMALL ENTERPRISES - SUPPORTING SMALL AND MEDIUM ENTERPRISES

WELCOME CUSTOMERS

Determining the size of an enterprise is essential in enterprise operations. Below, we will outline the criteria to determine Small and Medium Enterprises and Medium Enterprises and answer many customers' questions about Support for Small and Medium Enterprises.

DEFINING MEDIUM, SMALL AND MICRO-SMALL ENTERPRISES THROUGH FIELDS OF OPERATION

Legal basis:

  • Decree 80/2021/ND-CP guiding support for small and medium-sized enterprises.
  • Law to support small and medium enterprises.

SUPER SMALL ENTERPRISE

  • Micro-enterprises in the fields of agriculture, forestry and fisheries; The industry and construction sectors employ no more than 10 employees participating in social insurance on average each year and the total revenue of the year is not more than 3 billion VND or the total capital of the year is not more than 3 billion VND.
  • Micro-enterprises in the field of commerce and services employing workers participating in social insurance with an average of no more than 10 people per year and total revenue of the year not exceeding 10 billion VND or total capital of the year no more than 3 billion VND.

SMALL BUSINESS

  • Small businesses in the fields of agriculture, forestry, and fisheries; The industry and construction sector employs an average of no more than 100 employees participating in social insurance per year and the total revenue of the year is not more than 50 billion VND or the total capital of the year is not more than 20 billion VND, but not must be a micro-enterprise as prescribed in Clause 1 of this Article.
  • Small enterprises in the field of commerce and services that employ workers participating in social insurance have an average of no more than 50 people per year and the total revenue of the year is not more than 100 billion VND or the total capital of the year is not exceed 50 billion VND, but are not a micro-enterprise as prescribed in Clause 1 of this Article.

MEDIUM ENTERPRISES

  • Medium-sized enterprises in the fields of agriculture, forestry and fisheries; The industry and construction sector uses an average annual workforce of no more than 200 people participating in social insurance and the total revenue of the year is no more than 200 billion VND or the total capital of the year is no more than 100 billion VND, but no must be a micro enterprise or small enterprise as prescribed in Clauses 1 and 2 of this Article.
  • Medium-sized enterprises in the field of commerce and services that employ workers participating in social insurance with an average of no more than 100 people per year and total revenue of the year not exceeding 300 billion VND or total capital of the year is not exceed 100 billion VND, but are not micro enterprises or small enterprises as prescribed in Clauses 1 and 2 of this Article.

DETERMINATE MEDIUM, SMALL AND ULTRA SMALL ENTERPRISES QUICKLY THROUGH 03 CAPITAL CRITERIA - INDUSTRY - REVENUE

Industry Criteria Revenue Criteria Capital Criteria
The field of operation of small and medium-sized enterprises is determined based on the main business lines that the enterprise has registered with the business registration agency.
  • Total revenue of the year is the total revenue from selling goods and providing services of the enterprise and is determined on the Financial Statement of the immediately preceding year that the enterprise submits to the tax administration agency.
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  • In case an enterprise has been operating for less than 01 year or more than 01 year but has not yet generated revenue, the enterprise will base on the total capital criteria specified in Article 8 of this Decree to determine a small and medium-sized enterprise.
  • The total capital of the year is determined in the balance sheet shown on the financial statement of the immediately preceding year that the enterprise submits to the tax administration agency. Total capital of the year is determined at the end of the year.
  • In case the business operates for less than 1 year, the total capital is determined in the business's balance sheet at the end of the quarter immediately preceding the time the business registers to receive support.
If you still have any questions, please contact us here for free answers

HOW ARE SMALL AND MEDIUM ENTERPRISES SUPPORTED?

  • Technology support for small and medium enterprises.
  • Information support for small and medium-sized enterprises.
  • Consulting support for small and medium enterprises
  • Support human resource development for small and medium enterprises.
  • Note: If the Enterprise is converted from a business household, it will receive additional support to waive license fees for 3 years if the business household is registered and operates for at least 1 year continuously.

Refer to translation:

>>> Services business registration/ business household

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Admin HTLaw
2024-03-01 10:56:17

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