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AFFIDAVIT BB BEE EXEMPTED MICRO ENTERPRISE MAC Public Relations I, the undersigned, Full name & Surname Identity number Hereby declare under oath as follows: 1. The contents of this statement are

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How to fill out b-bbee exempted micro enterprise

01

Determine if your business qualifies as a B-BBEE exempted micro enterprise based on the annual turnover criteria.

02

Obtain a sworn affidavit confirming your B-BBEE status as an exempted micro enterprise.

03

Complete the necessary application form and include all required supporting documents.

04

Submit the application to the relevant governing body for verification and approval.

Who needs b-bbee exempted micro enterprise?

01

Small businesses in South Africa that have an annual turnover of less than R10 million and meet the qualifying criteria for B-BBEE exempted micro enterprises.

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What is b-bbee exempted micro enterprise?

A b-bbee exempted micro enterprise is a small business that meets certain criteria which exempts them from complying with broad-based black economic empowerment (B-BBEE) regulations.

Who is required to file b-bbee exempted micro enterprise?

B-bbee exempted micro enterprises are not required to file B-BBEE verification as they are already exempt.

How to fill out b-bbee exempted micro enterprise?

There is no need to fill out a b-bbee exempted micro enterprise as they are exempt from B-BBEE regulations.

What is the purpose of b-bbee exempted micro enterprise?

The purpose of a b-bbee exempted micro enterprise is to provide small businesses with relief from the administrative burden of complying with B-BBEE regulations.

What information must be reported on b-bbee exempted micro enterprise?

No information needs to be reported on a b-bbee exempted micro enterprise as they are exempt from reporting.

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