Attached are two variations of the form: one for EME (Exempt Micro Enterprise with a turnover of less than R10 mil) and one for QSE (Qualifying Small Enterprise with a turnover of between R10 mil and R50 mil). Please complete the form (provided by the DTI) relevant to your business.
It is also important to note that you do not need a BEE Certificate and therefore no need to consult your Accountant for this. Simply print out the attached form, complete it, and have it CERTIFIED by: a Commissioner of Oaths, Bank, Post Office or local Police Station.
13. ELIGIBILITY AS AN EXEMPTED MICRO ENTERPRISE (EME)
13.1 Any enterprise with a total annual revenue of R5 Million or less qualifies as an Exempted Micro Enterprise.
13.2 An Exempted Micro Enterprise is deemed to have a B-BBEE Status of “Level Four Contributor” having a B-BBEE recognition level of 100% under paragraph 18.1.
13.3 Enhanced B-BBEE Recognition Level for an Exempted Micro Enterprise:
13.3.1 Despite paragraph
13.2, an EME which is 100% Black Owned qualifies for elevation to “Level One Contributor” having a B-BBEE recognition level of 135%.
13.3.2 Despite paragraphs 13.2 and 13.3.1, an EME that is at least 51% Black Owned qualifies for elevation to “Level Two Contributor” having a B-BBEE recognition level of 125%.
13.4 Despite paragraphs 13.2 and 13.3, an EME is allowed to be measured in terms of the QSE scorecard should they wish to maximise their points and move to a higher B-BBEE recognition level.
13.5 An EME is only required to obtain an affidavit or certificate issued by the Companies and Intellectual Property Commission (CIPC) on an annual basis, confirming the following:
13.5.1 Total annual revenue of R5 Million or less; and
13.5.2 Level of Black Ownership.
13.6 Any misrepresentation in terms of paragraph 13.5 above constitutes a criminal offense as set out in the B-BBEE Act as amended.