What is called Small Medium Enterprise (SME)?

An Enterprise is defined as Medium when its annual sales or revenue is > SGD10 Million and ≤ SGD100 Million.

• Micro Enterprise: Turnover: ≤ S$1 million
• Small Enterprise: Turnover: > S$1 million and ≤ S$10 million
• Medium Enterprise: Turnover: > S$10 million and ≤ S$100 million
• Large Enterprise: Turnover: > S$100 million