An Exempted Micro Enterprise (EME) is a company that has been in operation for less than 1 year (a start-up company) or have a total annual revenue of less than R10 million. A Qualifying Small Enterprise (QSE) is a company with a total annual revenue between R10 million and R50 million. Note that some sub-sectors such as Transport and Tourism have different turnover levels for EMEs and QSEs.