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According to Ministerial Regulations on Designation of the Characteristics of SME Promotion Act B.E. 2562 (2019) and Announcement of the Office of SME Promotion Subject Designation of Characteristics of Micro Enterprises, MSMEs have been redefined on the basis of annual revenue and employment in order to be able to promote the targeted entrepreneurs effectively according to
the current economic situation.
1) Micro Enterprises
Manufacturing, trade and service sectors
Annual revenue: not more than 1.8 million baht
Employment: not more than 5 employees
2) Small Enterprises
2.1 Manufacturing
Annual revenue: more than 1.8 million baht,
but not more than 100 million baht.
Employment: more than 5 employees,
but not more than 50 employees.
2.2 Trade and Service sectors
Annual revenue: more than 1.8 million baht,
but not more than 50 million baht.
Employment: more than 5 employees,
but not more than 30 employees.
3) Medium Enterprises
3.1 Manufacturing
Annual revenue: more than 100 million baht,
but not more than 500 million baht.
Employment: more than 50 employees,
but not more than 200 employees.
3.2 Trade and Service sectors
Annual revenue: more than 50 million baht,
but not more than 300 million baht.
Employment: more than 30 employees,
but not more than 100 employees.
In the event that the number of employees fits a type of enterprise
but the revenue fits another type, whichever higher shall be used
to determine the type of an enterprise.
For download: Ministerial Regulations on the Designation of the Characteristics of Small and
Medium Enterprises Promotion Act B.E. 2562 (2019)
Announcement of the Office of Small and Medium Enterprises Promotion Subject:
Designation of Characteristics of Micro Enterprises
