Accordingly, the Decree has the following new points:
1. Modifying detailed criteria for determining small and medium-sized enterprises in each specific sector. In particular, small and medium-sized enterprises are classified based on their scope of one of the three criteria namely number of workers contributing to social insurance, total revenue (new criterion) and total capital as follows:
- In the sector of trade and service:
|
Criteria |
A microenterprise |
A small enterprise |
A medium-sized enterprise |
|
Number of workers contributing to social insurance; or |
<= 10 employees |
<= 50 employees |
<=100 employees |
|
Total annual revenue; or |
<=10 billions dong |
<= 100 billions dong |
<=300 billions dong |
|
Total capital |
<= 3 billions dong (previously, no classification based on capital for this category)
|
<= 50 billions dong (<=10 billions dong previously)
|
<= 100 billions dong (from 10 to 50 billions dong previously)
|
- In the sectors of agriculture, forestry and fisheries, industry and construction:
|
Criteria |
A microenterprise |
A small enterprise |
A medium-sized enterprise |
|
Number of workers contributing social insurance; or |
<= 10 employees |
<= 100 employees (<= 200 employees previously) |
<=200 employees (from 200 to 300 people previously) |
|
Total annual revenue; or |
<=3 billions dong |
<= 50 billions dong
|
<=200 billions dong |
|
Total capital |
<= 3 billions dong (previously, no classification based on capital for this category) |
<= 20 billions dong |
<= 100 billions dong |
Business lines of SMEs are determined in accordance with regulations and laws on economic sector system and special laws. If a SME operates in multiple fields, its business lines shall be determined in the sector that it earns the highest revenue. In the case of unidentifiable sector of highest revenue, its business lines shall be determined in the sector that it employs the most workers.
2. SMEs will be entitled to supporting policies on provision of information, consultancy and human resources development. Particularly, the decree also details supports to help SMEs converted from household businesses, supports for SMEs innovation, creative startups and for joining industrial cluster and value chain.
3. The Decree also stipulates the detailed responsibilities of agencies and organizations in the implementation of the Law on Support to Small and Medium-sized Enterprises.
This Decree takes effect from March 11, 2018.
Thu Thao – IPA Da Nang
