Bank Negara Malaysia has revised the definition of SME through a notification issued on 27 December 2017 which details are as follows :
Broadly, the definition has been simplified under two categories, namely :
Manufacturing: Sales turnover not exceeding RM50 million OR full-time employees not exceeding 200 workers; and
Services and other sectors: Sales turnover not exceeding RM20 million OR full-time employees not exceeding 75 workers.
| Category | Micro | Small | Medium |
| Manufacturing | Sales turnover of less than RM300,000 OR full-time employees less than 5 | Sales turnover from RM300,000 to less than RM15 million OR full-time employees from 5 to less than 75 | Sales turnover from RM15 million to not exceeding RM50 million OR full-time employees from 75 to not exceeding 200 |
| Services & Other Sectors | Sales turnover from RM300,000 to less than RM3 million OR full-time employees from 5 to less than 30 | Sales turnover from RM3 million to not exceeding RM20 million OR full-time employees from 30 to not exceeding 75 |