Ministry of Industry and Information Technology, National Bureau of Statistics, National Development and Reform Commission and Ministry of Finance, Provisions on the Classification Standards for Small- and Medium-sized Enterprises
工业和信息化部、国家统计局、国家发展和改革委员会、财政部中小企业划型标准规定
September 03, 2011 | BY
clpstaff &clp articles &Micro-sized enterprises included in new classification.
Main contents: Under the Provisions, small- and medium-sized enterprises shall be divided into three categories, namely, medium-sized, small-sized and micro-sized enterprises (Article 2). In the industrial sector, companies with 1,000 or fewer employees or an operating revenue of Rmb400 million or less shall be medium-, small- and micro-sized enterprises. Companies with 300 or more employees and an operating revenue of Rmb20 million or more shall be classified as medium-sized enterprises. Companies with 20 or more employees and an operating revenue of Rmb3 million or more shall be classified as small-sized enterprises, and companies with fewer than 20 employees or an operating revenue of less than Rmb3 million shall be classified as micro-sized enterprises (Article 4).
Related legislation: PRC Law on the Promotion of Small and Medium-sized Enterprises, Jun 29 2002, CLP 2002 No.6 p.8; and Several Opinions on Further Promoting the Development of Small- and Medium-sized Enterprises
clp reference:2130/11.06.18promulgated:2011-06-18effective:2011-06-18This premium content is reserved for
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