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AFFIDAVIT BB BEE EXEMPTED MICRO ENTERPRISE (Specialized ENTITY) which include (Not Limited to) Nonprofit Organizations, Nonprofit Companies, Public Benefit Organizations etc. I, the undersigned, Full
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How to fill out sworn affidavitb-bbee exempted micro
How to fill out sworn affidavitb-bbee exempted micro
01
To fill out a sworn affidavit for B-BBEE exempted micro, follow these steps:
02
Start by gathering all the necessary information and supporting documents.
03
Begin by stating your full name, address, and contact details at the top of the affidavit.
04
Clearly state that you are applying for B-BBEE exempted micro status and the purpose of the affidavit.
05
Provide detailed information about your business, including its legal name, registration number, and date of establishment.
06
Include information about your company's ownership structure, shareholders, and directors.
07
Explain your business activities and the industry you operate in.
08
If applicable, provide details about any previous B-BBEE status your company had and the reason for applying for exempted micro status.
09
Attach any relevant supporting documents, such as company registration certificates, shareholder agreements, and financial statements.
10
End the affidavit by signing and dating it in the presence of a commissioner of oaths.
11
Make copies of the completed affidavit for your records and submit the original to the relevant authority.
Who needs sworn affidavitb-bbee exempted micro?
01
Sworn affidavits for B-BBEE exempted micro are typically required by small businesses in South Africa that meet the criteria for micro enterprise status. These businesses may seek exemption from certain B-BBEE requirements to simplify compliance and administrative processes. Different industries and sectors may have specific regulations and policies regarding B-BBEE compliance, so it's important for businesses to determine if they meet the criteria and if a sworn affidavit is necessary for their particular circumstances.
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What is sworn affidavitb-bbee exempted micro?
Sworn affidavitb-bbee exempted micro is a legal document where a micro-enterprise provides assurance that it is exempt from Broad-Based Black Economic Empowerment (B-BBEE) requirements.
Who is required to file sworn affidavitb-bbee exempted micro?
Micro-enterprises that meet the criteria for exemption from B-BBEE requirements are required to file sworn affidavitb-bbee exempted micro.
How to fill out sworn affidavitb-bbee exempted micro?
To fill out sworn affidavitb-bbee exempted micro, the micro-enterprise needs to provide information about its size, annual turnover, and reasons for seeking 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 qualifies for exemption from B-BBEE requirements due to its size or other criteria.
What information must be reported on sworn affidavitb-bbee exempted micro?
The information reported on sworn affidavitb-bbee exempted micro includes the size of the micro-enterprise, its annual turnover, and the reasons for seeking exemption from B-BBEE requirements.
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