Definition of Small and Medium Enterprises
| No: 381000064902 | Date(g): 14/3/2017 | Date(h): 16/6/1438 | Status: In-Force |
Translated Document
Referring to the powers vested to SAMA under relevant regulations, rules, and instructions. And referring to the decision of the Board of Directors of the General Authority for Small and Medium Enterprises No. (2-1-1438) dated 14/03/1438 H regarding the approval of the definition of small and medium enterprises operating in the Kingdom. The following has been decided:
First: The definition of small and medium enterprises is as follows:
| Type of Enterprise | Revenue (Million Saudi Riyals) | Number of Employees (Full-time)* |
| Micro | From 0 to 3 | From 1 to 5 |
| Small | Greater than 3 to 40 | From 6 to 49 |
| Medium | Greater than 40 to 200 | From 50 to 249 |
| Large | Exceeds any of the above criteria | |
* The revenue criterion is adopted in the classification of the type of enterprises, and in the absence of revenue data (new enterprise), the criterion of the number of full-time employees is the criterion in the classification of the type of enterprise.
Second: It will be effective as of its date.