This study analyzes the nonlinear dynamic stability of carbon nanotube reinforced composite (CNTRC) piezoelectric viscoelastic nano/micro plate under time dependent harmonic compressive biaxial mechanical loading. The nano/micro plate is single-layer with a uniform and rectangular cross section. Polyvinylidene fluoride (PVDF) is the material used for the nano/micro plate. Also, it is located on a nonlinear viscoelastic piezoelectric foundation made of Zinc Oxide (ZnO). Single-walled carbon nanotubes (SWCNTs) have been used to strengthen nano/micro plate. Using Kelvin-Voigt model, the material properties of the system are assumed to be viscoelastic. Nano/micro plate is subjected to 2D magnetic field and electric potential. Magnetic field effects are incorporated using Maxwell’s relations. An alternating and direct voltage is applied to the nano/micro plate and also smart foundation in thickness direction. Eshelby-Mori-Tanaka approach is used to estimate the effective elastic properties. Additionally, follower force and uniform thermal gradient is applied to nano/micro plate in this study. The nonlinear strain–displacement relations are based on the Von-Kármán theory. According to classical, first order, third order, sinusoidal, parabolic, hyperbolic and exponential shear deformation plate theories, a new formulation is proposed incorporating surface stress effects through the Gurtin-Murdoch elasticity theory. In order to consider small scale parameters, this research is based on modified strain gradient theory (MSGT). Using the energy method and Hamilton’s principle, the non classical governing equations are derived. For nano/micro plate, simply supported boundary conditions are considered. For the purpose of solving differential equations, an analysis based on Galerkin procedure and finally the Bolotin method will be used to obtain the dynamic instability region (DIR). It is the objective of this study to investigate the impact of such parameters as small-scale parameters, alternating and direct applied voltage, intensity of magnetic field, surface effects, thermal environment and static load factor on the DIR. This study revealed that taking into account the smart foundation reduces the area of dynamic instability region by more than 60% for a constant intensity of magnetic field. The stability responses are also more convergent with the smart foundation. Additionally, the range is moved toward higher excitation frequencies and greater system stability. Validation of answers based on reliable scientific articles is one of the final stages of this research. These results can be used to design nano/micro electromechanical systems.