If you are referring to Singapore context, there are mainly 2 variables:
1) Annual Sales Turnover
2) Employee Size
SMEs are now defined as companies with:
(i) at least 30% local shareholding; AND (ii) Group annual sales turnover of not more than $100 million OR Group employment size of not more than 200 employees.
If you are referring to Singapore context, there are mainly 2 variables:
1) Annual Sales Turnover
2) Employee Size
SMEs are now defined as companies with:
(i)
at least 30% local shareholding; AND (ii)
Group annual sales turnover of not more than $100 million OR Group employment size of not more than 200 employees.