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Get a Free Official BEE Affidavit if your Turnover is below R10 million per year.
Simple online process, no documents required.
If your turnover is higher we can quote you on a SANAS BEE Certificate.
If your annual turnover / sales is below R 10 million, your South African Company is called an Exempt Micro Enterprise (EME). EME’s must use an Official BEE Affidavit to apply at CSD and for Tenders.
If your Company’s annual turnover (sales) is above R10 million, you require a SANAS BEE Certificate and BEE Consultation – click here for more info.
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According to South African legislation, any company with an annual turnover (sales) less than R10 million is regarded as an Exempt Micro Enterprise (EME). EME’s need to complete an Official BEE Affidavit, which is also required for Tender and Contract applications.
Once your Company’s sales are R10 million or more per year, you have to do a BEE Verification and get a SANAS Accredited BEE Certificate.
To get your free professional BEE Affidavit, simply complete the sign-up form here.
If you require a BEE Certificate and BEE Consultation – click here for more info.
A BEE Affidavit is a sworn statement that declares the level of black ownership in your company. If your company’s annual turnover is below R10 million, you’re classified as an Exempt Micro Enterprise (EME). Instead of a BEE Certificate, EMEs use this affidavit for tenders and CSD registration. It’s a simpler, more efficient way to confirm your BEE status, keeping you compliant with South African regulations.
A B-BBEE Affidavit is:
A simple document that states what your level of Black Ownership is. You can simply fill out a free B-BEE Affidavit template accurately and then have it signed and stamped by an official Commissioner of Oath. Once officiated, this will serve as your official B-BBEE Certificate until you hit the R10 million mark of annual turnover. Then it’s compulsory for you to get an official B-BBEE Certificate.
A B-BBEE Certificate is:
The document you need if your company earns (its sales are) R10 million or more per year. If your annual turnover is above R 10 million per year and you require a BEE certificate, then please visit our BEE certificate page here.
A Certificate issued by SANAS after your Company has gone through a verification process through a Verification Agency.
You can read more about the CIPC’s regulation on BEE Certificates and Affidavits for SMEs.
Just complete the sign-up form here to get your free professional BEE Affidavit.
For certain Contracts and Tenders in South Africa, you need a Company that has 10% Black Ownership. In most cases, you need a BEE Level 1 or 2 Company structured correctly.
One of the easiest ways to go about this is to setup a Trust according to your BEE needs.
According to the B-BBEE Act, a Trust can be created to facilitate the ownership by employees, communities, or similar groups.
The Trust can then be made the Shareholder of a Company, instead of individuals. This is called a BEE Trust.
Congratulations on your business growth! Once your annual sales surpass R10 million, your BEE Affidavit no longer serves as your official BEE Certificate. Instead, you’ll need to undergo a BEE Verification process to obtain a formal BEE Certificate. Don’t worry; Company Partners can guide you through this transition seamlessly.
Your BEE Affidavit is valid for one year from the date stamped by the Commissioner of Oaths. It’s a handy document, allowing you to participate in various tenders and contracts throughout the year without any hassles.
Certainly! The CIPC (Companies and Intellectual Property Commission) has specific regulations concerning BEE Certificates and Affidavits. While the BEE Affidavit declares your company’s black ownership level, it must be officiated either by the CIPC or a Commissioner of Oath. This ensures that the information provided is accurate and trustworthy, aligning with South Africa’s commitment to transparent and fair business practices.