| Small and medium-sized enterprises (SMEs) |
- Companies that fall under Article 2 (Scope of Small and Medium Entrepreneurs) of the Framework Act on Small and Medium Enterprises and Article 40 (Establishment of Support Plan) of the Balanced Regional Development and Support for Local Small and Medium Enterprises Act. — Refer to the attached Small and Medium Enterprise Standards (Summary)
- For Busan Metropolitan City, all SMEs located in Busan fall into this category.
|
| Small businesses |
- Small enterprise under Article 2(2) of the “Framework Act on Small and Medium Enterprises” — Refer to attached Small and Medium Enterprise Standards (Summary)
|
| Small business owners |
- Individuals who fall under Subparagraph 2, Article 2 (Definition) of the Act on Special Measures for Support of Small Businesses and Small Business Owners and Article 2 (Definition) of the Act on the Protection of and Support for Micro Enterprises
- 1. Mining, manufacturing, construction and transportation: less than 10 employees
- Other industries: less than 5 employees
|
