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BB BEE INFORMATION DECLARATION
Enterprise Name
Trading As Name
Registration Number
VAT Number (if any)Physical AddressBlack Ownership
ID NumberInitials Surname Hardback (Y/N)Important: Black as per
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How to fill out b-bbee information declaration
How to fill out b-bbee information declaration
01
To fill out the b-bbee information declaration, follow these steps:
02
Start by providing your company information, such as the company name, registration number, and address.
03
Indicate the financial year that the declaration covers.
04
Specify the company's turnover for the relevant financial year.
05
Provide details about the ownership structure of the company, including the percentage ownership of black people and black women.
06
Include information about the company's employment equity, skills development, preferential procurement, and enterprise development initiatives.
07
Provide evidence and supporting documents for the reported information, such as certificates, reports, or contracts.
08
Review the completed declaration for accuracy and completeness.
09
Submit the b-bbee information declaration to the relevant authority or organization as required.
10
Note: It is important to ensure that all information provided is truthful and accurate.
Who needs b-bbee information declaration?
01
B-bbee information declaration is needed by companies and organizations in South Africa that are required to comply with Broad-Based Black Economic Empowerment (B-BBEE) legislation.
02
This legislation aims to promote economic transformation and empower black people by ensuring that businesses meet certain criteria in terms of ownership, management, skills development, and procurement practices.
03
Therefore, any company or organization operating in South Africa that falls within the scope of B-BBEE legislation needs to submit a b-bbee information declaration.
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What is b-bbee information declaration?
The B-BBEE information declaration is a document where companies report on their Broad-Based Black Economic Empowerment (B-BBEE) status.
Who is required to file b-bbee information declaration?
Companies operating in South Africa and falling within certain thresholds are required to file a B-BBEE information declaration.
How to fill out b-bbee information declaration?
The B-BBEE information declaration can be filled out online on the relevant government portal or manually by completing the required forms.
What is the purpose of b-bbee information declaration?
The purpose of the B-BBEE information declaration is to assess and monitor companies' compliance with B-BBEE regulations and to track progress towards economic transformation.
What information must be reported on b-bbee information declaration?
Companies are required to report on their ownership, management control, skills development, enterprise and supplier development, and socio-economic development initiatives.
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