(2) Medium-sized enterprises refer to enterprises with more than 300 employees or operating income of more than 20 million yuan. (3) Small enterprises refer to enterprises with 20 or more employees and an operating income of 3 million yuan or more. (4) Micro-enterprises refer to enterprises with less than 20 employees or operating income of less than 3 million.
Small and micro enterprises are collectively referred to as small enterprises, micro enterprises, family workshop enterprises and individual industrial and commercial households proposed by the economist Professor Lang Xianping. The Ministry of Finance and the National Development and Reform Commission issued a notice, deciding to exempt 22 administrative fees for small and micro enterprises in the next three years to reduce the burden on small and micro enterprises.
Legal basis: A company established according to law in Article 7 of the Company Law of People's Republic of China (PRC) shall be issued a business license by the company registration authority. The date of issuance of the business license of the company is the date of establishment of the company. The company's business license shall specify the company's name, domicile, registered capital, business scope, name of legal representative and other matters. Where the matters recorded in the company's business license change, the company shall register the change according to law, and the company registration authority shall issue a new business license.