Qualified Micro and Small Enterprise (MSE) definition
Qualified Micro and Small Enterprise (MSE) means, for purposes of the grant of fiscal incentives herein, any individual, partnership, cooperatives, corporation organized and existing under the laws of the Philippines, whose gross revenue does not exceed Two Million Pesos (PhP 2,000,000.00) for a taxable year: Provided, That every three (3) years from the date of effectivity of this Act, the amount stated herein shall be adjusted to reflect its value as of said date using the Consumer Price Index, as published by the National Statistics Office (NSO).