What Is SME in Malaysia?
Understanding Malaysia’s Official SME Definition — You Might Be One Too!
Many business owners are surprised to discover that they are actually classified as an SME. In Malaysia, SME (Small & Medium Enterprises) includes most businesses — from micro enterprises to medium-sized companies — covering almost every industry.
✔ Malaysia’s Official SME Criteria
According to Malaysia’s official SME definition:
- Micro Enterprise: Sales turnover < RM300,000 OR employees < 5
- Small Enterprise: Sales turnover RM300,000 – RM15 million OR employees 5 – 75
- Medium Enterprise: Sales turnover RM15 million – RM50 million OR employees 75 – 200
If your business falls within these categories, congratulations — you are officially an SME in Malaysia! This means you can benefit from SME support programs, grants, digitalisation assistance, funding opportunities and more.
Want to know whether your company qualifies, or how to promote your SME on MalaysiaSMEdirectory.com? Click the WhatsApp button below and we’ll guide you.
For more details, please refer to the official SME Corp Malaysia website.