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AFFIDAVIT BB BEE TOURISM EXEMPT MICRO ENTERPRISE the undersigned, Full name & Surname Identity Number Hereby declare under oath as follows: 1. The contents of this statement are to the best of my

How to fill out sworn affidavitb-bbee exempted micro

How to fill out sworn affidavitb-bbee exempted micro

1. To fill out a sworn affidavit for B-BBEE exempted micro, follow these steps:
2. Start by identifying the purpose of the affidavit and ensure that you meet the requirements to be considered an exempted micro enterprise.
3. Gather all the necessary information and documentation to support your claim, such as financial statements, tax certificates, and relevant company registration documents.
4. Begin the affidavit by stating your full name, contact details, and any other personal information required.
5. Clearly outline the purpose of the affidavit and state that you are an exempted micro enterprise as per the B-BBEE codes.
6. Provide detailed information about your business, including its legal structure, ownership details, and key business activities.
7. Attach any supporting documents that validate your exempted micro enterprise status.
8. Include a declaration stating that all the information provided in the affidavit is true and accurate to the best of your knowledge.
9. Sign and date the affidavit, ensuring that it is witnessed by a competent individual who is not related to you or has any financial interest in your business.
10. Make copies of the completed affidavit and keep them for your records.
11. Submit the original sworn affidavit to the relevant authority or organization that requires it.
12. Remember to consult with legal professionals or experts in B-BBEE regulations if you need further guidance or assistance during the affidavit filling process.

Who needs sworn affidavitb-bbee exempted micro?

1. Sworn affidavit for B-BBEE exempted micro is typically required by small businesses or enterprises that want to claim exempted micro enterprise status for Broad-Based Black Economic Empowerment (B-BBEE) compliance.
2. It is needed by businesses that meet the specific criteria outlined by the B-BBEE codes to be considered an exempted micro enterprise.
3. These criteria include having an annual total revenue or turnover below a certain threshold, maintaining a certain level of black ownership, and complying with other relevant B-BBEE regulations.
4. By providing a sworn affidavit, businesses can demonstrate their exempted micro enterprise status and potentially benefit from certain B-BBEE incentives or preferential procurement opportunities.

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What is sworn affidavitb-bbee exempted micro?

Sworn affidavitb-bbee exempted micro is a legal document that declares a business as exempted from Broad-Based Black Economic Empowerment compliance requirements.

Who is required to file sworn affidavitb-bbee exempted micro?

Micro-enterprises with an annual turnover below a certain threshold are required to file sworn affidavitb-bbee exempted micro.

How to fill out sworn affidavitb-bbee exempted micro?

Sworn affidavitb-bbee exempted micro can be filled out by providing information about the business, its turnover, and the reasons for exemption.

What is the purpose of sworn affidavitb-bbee exempted micro?

The purpose of sworn affidavitb-bbee exempted micro is to declare that a micro-enterprise meets the criteria for exemption from B-BBEE compliance requirements.

What information must be reported on sworn affidavitb-bbee exempted micro?

Information such as business details, turnover, reasons for exemption, and supporting documents must be reported on sworn affidavitb-bbee exempted micro.