B Bbee Micro Enterprise Form PDF Details

In today's business landscape, understanding and navigating the complexities of compliance forms is crucial for micro enterprises seeking growth and sustainability. The B-BBEE (Broad-Based Black Economic Empowerment) Exempted Micro Enterprise form serves as a vital tool in this process. This affidavit provides a structured method for micro enterprises to declare their ownership structure, annual income, and empowerment status, all under the watchful eye of South African legislation aimed at fostering economic participation from historically disadvantaged groups. It requires the enterprise to assert, under oath, pertinent information such as the percentage of black ownership, the percentage of ownership by black women, and confirmation that the enterprise's annual revenue does not surpass ten million Rands. Additionally, it enables the enterprise to identify its B-BBEE contributor level, a critical factor for businesses aiming to partake in the South African economy meaningfully. This declaration, authenticated by a commissioner of oaths, remains valid for a year, underlining the enterprise's commitment to upholding these principles and enhancing transparency within the wider economic framework. In essence, the B-BBEE Exempted Micro Enterprise form encapsulates an enterprise's eligibility for certain benefits and recognition within a regulated framework, designed to address historical imbalances and promote inclusive economic growth.

QuestionAnswer
Form NameB Bbee Micro Enterprise Form
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesbee sworn affidavit pdf, download sworn affidavit, bbee affidavit, bee sworn affidavit editable word template

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SWORN AFFIDAVIT – B-BBEE EXEMPTED MICRO ENTERPRISE

I, the undersigned,

Full name & Surname

Identity number

Hereby declare under oath as follows:

1.The contents of this statement are to the best of my knowledge a true reflection of the facts.

2.I am a member / director / owner of the following enterprise and am duly authorised to act on its behalf:

Enterprise Name

Trading Name

Registration Number

Enterprise Address

3. I hereby declare under oath that:

The enterprise is ______________% black owned;

The enterprise is ______________% black woman owned;

Based on the management accounts and other information available on the _______ financial year, the income did not exceed R10,000,000.00 (ten million rands);

Please confirm on the table below the B-BBEE level contributor, by ticking the applicable box.

100% black owned

Level One (135% B-BBEE procurement recognition)

 

 

 

 

More than 51% black

Level Two (125% B-BBEE procurement recognition)

 

owned

 

 

Less than 51% black

Level Four (100% B-BBEE procurement recognition)

 

owned

 

 

4.The entity is an empowering supplier in terms of the dti Codes of Good Practice.

5.I know and understand the contents of this affidavit and I have no objection to take the prescribed oath and consider the oath binding on my conscience and on the owners of the enterprise which I represent in this matter.

6.The sworn affidavit will be valid for a period of 12 months from the date signed by commissioner.

Deponent Signature:

Date:

Commissioner of Oaths

Signature & stamp

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2. Once your current task is complete, take the next step – fill out all of these fields - The enterprise is black owned , year the income did not exceed R, Please confirm on the table below, box, black owned, Level One BBBEE procurement, More than black owned Less than , Level Two BBBEE procurement, Level Four BBBEE procurement, The entity is an empowering, I know and understand the contents, The sworn affidavit will be valid, and commissioner with their corresponding information. Make sure to double check that everything has been entered correctly before continuing!

Stage no. 2 of filling out bee sworn affidavit

Those who use this form generally make errors when filling in commissioner in this part. You need to reread whatever you type in here.

3. This subsequent segment is normally rather straightforward, commissioner, Deponent Signature, Date, and Commissioner of Oaths Signature - each one of these form fields has to be filled in here.

Writing section 3 in bee sworn affidavit

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