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AFFIDAVIT BB BEE EXEMPTED MICRO ENTERPRISE, the undersigned, Full name & SurnameIdentity numberHereby declare under oath as follows:1. The contents of this statement are to the best of my knowledge

How to fill out sworn affidavit b bbee

How to fill out sworn affidavit b bbee

1. To fill out a sworn affidavit B BBEE, follow these steps: 1. Begin by writing the heading 'Affidavit' at the top of the document.
2. Include the personal details of the affiant such as their full name, address, and contact information.
3. State the purpose of the affidavit clearly and concisely.
4. Provide a statement of facts. This should include all relevant information and details pertaining to the subject matter of the affidavit.
5. Make sure to include any supporting documents or evidence, if applicable.
6. Sign the affidavit in the presence of a notary public or other authorized person who can administer oaths.
7. Have the affidavit notarized or commissioned by the authorized person, retaining a copy for your records.

Who needs sworn affidavit b bbee?

1. Sworn affidavit B BBEE may be required by individuals or companies who need to provide a legal and sworn statement regarding their Broad-Based Black Economic Empowerment (BBBEE) status.
2. This may include businesses applying for government contracts, entities seeking accreditation or certification, or individuals involved in legal disputes related to BBBEE compliance.

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What is sworn affidavit b bbee?

A sworn affidavit b bbee is a legal document that certifies a company's compliance with the Broad-Based Black Economic Empowerment (B-BBEE) Act in South Africa.

Who is required to file sworn affidavit b bbee?

All entities classified within the B-BBEE framework, including companies, partnerships, and other organizations operating in South Africa, are required to file a sworn affidavit b bbee, especially those that seek to demonstrate their compliance with B-BBEE requirements.

How to fill out sworn affidavit b bbee?

To fill out a sworn affidavit b bbee, entities must complete the prescribed affidavit form, providing detailed information regarding their black ownership, management representation, and procurement practices, and have it signed by a commissioner of oaths.

What is the purpose of sworn affidavit b bbee?

The purpose of a sworn affidavit b bbee is to confirm the B-BBEE status of a business and to certify that the information provided is truthful and accurate, helping to promote economic transformation in South Africa.

What information must be reported on sworn affidavit b bbee?

The affidavit must report information on ownership percentages by black individuals, management representation, employment equity stats, skills development contributions, and preferential procurement practices.