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Get the free B-BBEE Verification Certificate for Multotec (Pty) Ltd

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MUTATED HOLDINGS (PTY) LTD and its subsidiaries (Registration number: 1980/006337/07)MANUAL IN ACCORDANCE WITH SECTION 51OFTHE PROMOTION OF ACCESS TO INFORMATION ACT, NO. 2 OF 2000Created on 14 December
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Obtain a copy of the B-BBEE verification certificate form from an accredited verification agency.
02
Fill out the company details section, including the company name, registration number, and contact information.
03
Provide details on the ownership of the company, including the percentage ownership by black people, women, and other designated groups.
04
Fill out the management control section, detailing the representation of black people, women, and other designated groups in senior management positions.
05
Complete the skills development, enterprise and supplier development, and socio-economic development sections as required.
06
Attach all necessary supporting documents, such as company financial statements, ID copies of shareholders, and proof of payments for enterprise and supplier development initiatives.
07
Submit the completed form and supporting documents to the verification agency for assessment.
08
Await the verification agency's feedback and final B-BBEE verification certificate.

Who needs b-bbee verification certificate for?

01
Companies in South Africa that wish to do business with government entities, as well as large corporations, often require a B-BBEE verification certificate to demonstrate their level of compliance with the Broad-Based Black Economic Empowerment Act.
02
It is also beneficial for companies looking to attract investors or secure contracts with organizations that prioritize B-BBEE compliance.
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The B-BBEE verification certificate is used to assess the level of Broad-Based Black Economic Empowerment compliance of a business.
Any business entity operating in South Africa that wishes to be recognized for their B-BBEE compliance.
The certificate can be filled out by providing relevant information related to the business's ownership, management, employment equity, skills development, preferential procurement, and socio-economic development.
The purpose of the certificate is to demonstrate a business's commitment to promoting economic transformation and empowerment in South Africa.
Information such as ownership details, management control, employment equity statistics, skills development initiatives, preferential procurement spend, and socio-economic development contributions.
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