WHAT YOU NEED TO KNOW ABOUT BBBEE

The not so new BEE legislation advised that companies with a turnover less than R 10 million do not need a BEE verified BEE Certificate they are exempted enterprises or customers can apply for a B-BBEE certificate on the eservices website or at the CIWC Self Service Terminal on registering a new company or when paying your annual returns for your company.

Alternatively download a B-BBEE Affidavit for Exempted Enterprise at CIPC www.cipc.co.za or cut out the one on this paper. The following must be done to make you B-BBEE Sworn Affidavit compliant:

1. Fill in 1-3 very clear with our scratching or making mistakes

2. To complete it, part 4-6 take it to police station where you will swear and sign to commissioner he or she will sign and put a stamp it.

3. The Affidavit will be valid for 12 months.

Entrepreneurs Note:

If you are or wish to supply goods and services by tendering or by responding to Request for Quotes (RFQ) this part you must know the following information which applicable your BBBEE certificates:

1.Generic companies (turnover above 50million) we accept BBBEE certificates issued by SANAS Accredited Verification Agencies.

2.QSES (turnover between 10 and 50 million) we accept a BBBEE sworn affidavit if the QSE is at least

51% black-owned or a BBBEE certificate issued by a SANAS Accredited Agency if it’s less than 51% blackowned.

3.EMES (turnover up to 10 million) and start-ups we accept the EME sworn affidavit or a BBBEE certificate issued by (CIPC)

4.Joint Venture, Partnerships and Consortiums must submit a BBBEE certificate issued by a SANAS accredited BBBEE verification Agency.