Tuesday, November 18, 2014

Definition of Korean SMEs - SBC

Sector SMEs Small
Businesses
Micro-
enterprises
No. of
Workers
Capital &
Sales
No. of Workers
Manufacturing Less
than 300
Capital worth
$8M or less
Less
than 50
Less
than 10
Mining, construction and transportation Less
than 300
Capital worth
$3M or less
Less
than 50
Less
than 10
Large general retail stores, hotel, recreational condominium operation, communications, information processing and other computer-related industries, engineering service, hospital and broadcasting Less
than 300
Sales worth
$30M or less
Less
than 10
Less
than 5
seed and seedling production, fishing, electrical, gas and waterworks, medical and orthopedic products, wholesales, fuel and related products wholesales, mail order sale, door-to-door sale, tour agency, warehouses and transportation-related service, professional, science and technology service, business support service, movie, amusement and theme park operation Less
than 200
Sales worth
$20M or less
Less
than 10
Less
than 5
Wholesale and product intermediation, machinery equipment rent for industrial use, R&D for natural science, public performance, news provision, botanical garden, zoo and natural parks, waste water treatment,waste disposal and cleaning related service Less
than 100
Sales
$10M or less
Less
than 10
Less
than 5
Other sectors Less
than 50
Sales worth
$5M or less
Less
than 10
Less
than 5

Source : Small and Medium Business Administration

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