Skip to main content

Definition of Small and Medium Enterprises

No: 381000064902 Date(g): 14/3/2017 | Date(h): 16/6/1438 Status: In-Force

Translated Document

Effective from 2017-03-14 - Mar 13 2017
To view other versions open the versions tab on the right

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 EnterpriseRevenue (Million Saudi Riyals)Number of Employees (Full-time)*
MicroFrom 0 to 3From 1 to 5
SmallGreater than 3 to 40From 6 to 49
MediumGreater than 40 to 200From 50 to 249
Large

Exceeds any of the above criteria

 

* The revenue criterion is used for classifying the type of enterprise. In cases where revenue data is unavailable (new enterprise), the full-time employee count serves as the criterion for classification.

Second: This will be effective from the date of issuance.