Criteria to identify SMEs in Vietnam

Criteria to identify micro, small and medium enterprises

The government has many tax incentives to support micro, small, and medium enterprises. So what criteria determine whether an enterprise is a micro, medium, or small business? Let's find out with INNO!

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Criteria to identify micro, small and medium enterprises in Vietnam

Criteria to identify micro, small and medium enterprises in Vietnam

Industry	Agriculture, forestry, fisheries, industry, construction	Trading, service
Micro enterprise	Total employees contribute compulsory insurance less than 10/year.	Total employees contribute compulsory insurance less than 10/year.
Micro enterprise	Total revenue less than VND 3 billion/year or total capital less than VND 3 billion.	Total revenue less than VND 10 billion/year or total capital less than VND 3 billion.
Small enterprise	Total employees contribute compulsory insurance less than 100/year.	Total employees contribute compulsory insurance less than 50/year.
Small enterprise	Total revenue less than VND 50 billion/year or total capital less than VND 20 billion.	Total revenue less than VND 100 billion/year or total capital less than VND 50 billion.
Medium enterprise	Total employees contribute compulsory insurance less than 200/year.	Total employees contribute compulsory insurance less than 100/year.
Medium enterprise	Total revenue less than VND 200 billion/year or total capital less than VND 100 billion.	Total revenue less than VND 300 billion/year or total capital less than VND 100 billion.