annexes cepal serie estudios y perspectivas oficina de la en buenos aires n 13 93 annex a definitions for smes and sme production space 1 until now no internationally agreed upon definition of has been defined the most common is so called danish that based on employment states to have more than 5 less 100 employees although this widely used it does not distinguish sufficiently between operate in capital or labour intensive sectors corresponding structural performance characteristics actually argentine as presented resolutions 401 89 208 52 94 ministry economy three personnel employed gross value annual sales net firm s assets furthermore distinction made industrial service transport agricultural industries established maximum values these are represented table sectoral industry services commerce 300 18 10 12 2 15