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Identification standard of enterprises above designated size

The identification standards of enterprises above designated size are mainly based on the relevant standards formulated by the National Bureau of Statistics and classified according to the characteristics of different industries.

Generally speaking, an enterprise above designated size refers to an enterprise that reaches a certain scale standard, usually based on its annual main business income, annual sales or annual operating income. Specifically, for industrial enterprises, the identification standard of enterprises above designated size is the annual main business income of 20 million yuan or more. For commercial enterprises, the criteria for identifying enterprises above designated size are wholesale enterprises with annual commodity sales of 20 million yuan or more and retail enterprises with annual commodity sales of 5 million yuan or more. In addition, construction, transportation, warehousing, postal services and other industries also have corresponding standards.

The following are the criteria for identifying enterprises above designated size in some major industries:

1, industry. The annual main business income reaches 20 million yuan and above.

2. Construction industry. The annual operating income reaches 300 million yuan and above.

3. Wholesale and retail. Annual sales exceed 654.38 billion yuan or operating income exceeds 5 million yuan.

4. Accommodation and catering industry. The annual turnover exceeds 2 million yuan.

5. Transportation, warehousing and postal services. The annual operating income exceeds 20 million yuan.

To sum up, the criteria for identifying enterprises above designated size may be adjusted with the changes of time and policies. For example, before 20 1 1 year, the identification standard of industrial enterprises above designated size was corporate industrial enterprises with annual main business income of 5 million yuan or more, and since 20 1 1 year, the standard has been raised to corporate industrial enterprises with annual main business income of 20 million yuan or more.

Legal basis:

Company Law of the People's Republic of China

Article 76

To establish a joint stock limited company, the following conditions shall be met: (1) the promoters meet the quorum; (2) It has the total amount of capital subscribed or paid-in by all promoters in accordance with the articles of association; (3) The issuance and offering of shares comply with the law; (4) The promoters shall formulate articles of association, which shall be adopted by the founding meeting; (5) Having a company name and establishing an organization meeting the requirements of a joint stock limited company; (6) Having a company domicile.