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Get a B-BBEE Affidavit

A B-BBEE AFFIDAVIT IS A STATEMENT OF FACTS THAT IS SWORN BEFORE AN OFFICER WHO HAS THE AUTHORITY TO ADMINISTER AN OATH.

 

Description

Becoming BEE compliant is easy with a B-BBEE Affidavit.

 

If your business is an Exempted Micro Enterprises (EME’s) with sales of (usually) under R10 million per annum, you qualify for a B-BBEE (Broad-Based Black Economic Empowerment) Affidavit. Having this document shows customers and suppliers that you are a good citizen by complying with the BEE Codes of Good Practice.

 

As a startup, you may also use a B-BBEE Affidavit to show your compliance.

 

Below are the different levels of compliance for B-BBEE Affidavits:

 

  • First Level (Level 1):  Having 100% black ownership qualifies your business for this B-BBEE Level.
  • Second Level (Level 2):  You will qualify for this level if your business has 51% black ownership or over.
  • Fourth Level (Level 4):  Your business will qualify for this level if it has under 51% black ownership.

 

Recommended in the Shop: Register a Company in South Africa >>

 

From the DTI’s Broad-Based Black Economic Empowerment Act 53 of 2003:

 

“Black people” means African, Coloured or Indian persons who are natural persons and:
1. are citizens of the Republic of South Africa by birth or descent; or
2. are citizens of the Republic of South Africa by naturalization before the commencement date of the Constitution of the Republic of South Africa Act of 1993; or
3. became citizens of the Republic of South Africa after the commencement date of the Constitution of the Republic of South Africa Act of 1993, but who, but for the Apartheid policy that had been in place prior to that date, would have been entitled to acquire citizenship by naturalization prior to that date;

 

How we can assist your business become B-BBEE Compliant:

 

  • Prepare a BEE Affidavit in the correct format, with the correct wording.
  • Quick turnaround time of 1 business day.
  • Easy, online application.
  • We require NO ADDITIONAL DOCUMENTS.

 

Our B-BBEE Affidavits have a modern aesthetic and are prepared on our letterhead.

 

Recommended in the Shop: Small Business Accounting Solutions >>

 

Getting your B-BBEE Affidavit is simple:

 

  • Click on the Buy now button to be redirected to our online application. Complete this application so that we have all the details needed to prepare your document.
  • You will receive an invoice once we have received your completed application.
  • Make payment and send us a payment proof from your banking app so that we can begin preparing your document.
  • It will take us approximately 1 day to prepare your BEE Affidavit. We’ll email the document to you once we’ve prepared it.
  • To validate your BEE Affidavit, and print the document. Once you’ve printed it, you will need to have it signed and stamped by a Commissioner of Oaths.
  • You will need to renew your BEE Affidavit annually as it is only valid for 12 months.

 

Download our FREE B-BBEE Terms and Definitions pdf here – no mailer sign-up required!

 

Recommended in the Shop: Start a Micro Business in South Africa e-book >>

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