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BB BEE VERIFICATION REPORT Landon (Pty) Ltd Registration Number: 2015/165238/07 Certificate Number: SVSG17100183 Report date: 02 October 2017 Report Version: Final of 2 Oct 2017Siyandisa Verification

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How to fill out b-bbee verification report

01

Start by gathering all the necessary documentation, such as your financial statements, payroll records, and proof of ownership.

02

Identify the elements that need to be reported on the B-BBEE verification report, such as ownership, management control, skills development, enterprise development, and socio-economic development.

03

Evaluate your current B-BBEE scorecard and identify areas that need improvement.

04

Collect evidence and supporting documentation to prove your compliance with the B-BBEE requirements for each element.

05

Calculate the relevant scores for each element based on the documentation collected.

06

Complete the B-BBEE verification report form, ensuring that all relevant information is provided accurately.

07

Double-check the completed report for any errors or omissions.

08

Submit the B-BBEE verification report to an accredited B-BBEE verification agency for verification and certification.

Who needs b-bbee verification report?

01

Any business entity in South Africa that wants to demonstrate its B-BBEE compliance may need a B-BBEE verification report.

02

This report is often required by government entities, public sector organizations, and large private sector companies when awarding tenders or entering into business contracts.

03

Furthermore, companies that wish to improve their B-BBEE score or maintain their B-BBEE status may also choose to undergo the verification process and obtain a verification report.

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What is b-bbee verification report?

The B-BBEE verification report is a document that provides a detailed assessment of a company's compliance with the Broad-Based Black Economic Empowerment (B-BBEE) Act.

Who is required to file b-bbee verification report?

Any entity in South Africa that is required to comply with B-BBEE legislation must file a B-BBEE verification report.

How to fill out b-bbee verification report?

The B-BBEE verification report must be completed by a registered verification agency that assesses the company's compliance with B-BBEE requirements.

What is the purpose of b-bbee verification report?

The purpose of the B-BBEE verification report is to provide transparency and accountability regarding a company's compliance with B-BBEE legislation.

What information must be reported on b-bbee verification report?

The B-BBEE verification report must include details about the company's ownership structure, management control, employment equity, skills development, procurement and enterprise development initiatives.

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