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FREE B-BBEE Certificate
For a business with a turnover of less than R10 million, a B-BBEE certificate is not required. Customers can complete an affidavit, signed by a commissioner of oaths. Once an affidavit has been stamped by a commissioner of oaths, the affidavit serves as a B-BBEE certificate, as no other verification is required for Exempted Micro Enterprises.
Description
For a business with a turnover of less than R10 million, a B-BBEE certificate is not required. Customers can complete an affidavit, signed by a commissioner of oaths. Once an affidavit has been stamped by a commissioner of oaths, the affidavit serves as a B-BBEE certificate, as no other verification is required for Exempted Micro Enterprises.
- A certificate is only valid for 12 months from date of issue and cannot be renewed. Once expired a new application must be filed.
- Only directors/members of entities are allowed to apply for B-BBEE certificates, no intermediaries or third parties. You are not allowed to apply for a B-BBEE certificate on behalf of someone, doing so is a criminal offence, and could lead to legal proceedings.
- Providing incorrect shareholder information is a criminal offence, it could lead to legal proceedings.
- Entities that have at least one foreign director/member do not qualify for CIPC B-BBEE certificates.
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