Sme Definition In Abu Dhabi
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Smes in the uae are defined by the number of employees annual turnover and sector.
Sme definition in abu dhabi. Enrollment is open to all enterprises in the emirate of abu dhabi be it a start up or sme per the official definition. The dubai sme definition. Enrollment is also open to all organizations wishing to use the model in offering new products or services. In addition smes are classified depending on the sector they are operating in trading manufacturing and services.
In this inaugural edition of our business research series we are focusing on the small and medium sized enterprises smes and the role this sector plays in the uae economy as well as the trends and challenges that exist in this space. What is the definition of an sme. As we know smes are crucial to the uae. The united arab emirates uae government has issued a definition for smes with the two relevant criteria being annual turnover and the number of jobs.
Enrollment in this program will help. Let us first clarify the definition of a sme. Abu dhabi definition of an sme in abu dhabi a micro business is one with fewer than five employees and a small business has more than five employees but 19 or fewer.
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