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This document provides the B-BBEE profile for MD Accountants & Auditors Inc., detailing company information, B-BBEE classification, and ownership statistics.
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How to fill out bee02

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How to fill out BEE02

01
Gather necessary information such as your tax reference number and personal details.
02
Download the BEE02 form from the relevant authority's website.
03
Fill in your company details, including the name and registration number.
04
Provide details of the ownership structure of the business.
05
Declare your company's annual turnover and employee count.
06
Sign and date the form before submission.

Who needs BEE02?

01
Companies seeking to comply with B-BBEE regulations in South Africa.
02
Businesses that want to improve their B-BBEE status for better procurement opportunities.
03
Entities aiming to demonstrate their commitment to transformation in the marketplace.
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A honey bee (also spelled honeybee) is a eusocial flying insect within the genus Apis of the bee clade, all native to mainland Afro-Eurasia.
It is “honey bee” not “honeybee,” and “bumble bee” not “bumblebee.” This follows the common names specified by the Entomological Society of America (2021a) in their database of over 2,000 common names of insects and related organisms.
Names and Naming of Honey Bees & their Subspecies mellifera; also referred to as the “Western Honey Bee”) has the Latin genus name, “Apis” for “bee”, and species name, “mellifera“, for “honey bearing“.
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BEE02 is a form used in South Africa for Broad-Based Black Economic Empowerment (B-BBEE) compliance, specifically for the submission of annual reports on enterprise and supplier development.
All entities, including companies and organizations that fall under the B-BBEE regulatory framework, are required to file BEE02 if they engage in any relevant economic activities or wish to claim B-BBEE status.
To fill out BEE02, entities must provide accurate and detailed information regarding their enterprise and supplier development initiatives, revenue calculations, and any contributions made towards B-BBEE objectives, ensuring all sections are completed as per the guidelines.
The purpose of BEE02 is to track and enhance the effectiveness of enterprise and supplier development initiatives among entities in South Africa, to promote economic participation and growth of black-owned businesses.
BEE02 requires reporting on various data points including the number and value of enterprise development contributions, details of beneficiary companies, financial expenditure on supplier development, and other relevant metrics for compliance assessment.
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