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This sworn affidavit certifies the B-BBEE status of a non-profit entity, providing details on black beneficiaries and compliance with the Broad-Based Black Economic Empowerment Act.

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What is sworn affidavit b-bbee exempted?

A sworn affidavit B-BBEE exempted is a legal document that certifies a company's B-BBEE status, indicating that the company is exempt from certain B-BBEE compliance obligations due to its size or income.

Who is required to file sworn affidavit b-bbee exempted?

Small enterprises, typically those with a total annual revenue of less than R10 million, are required to file a sworn affidavit B-BBEE exempted.

How to fill out sworn affidavit b-bbee exempted?

To fill out a sworn affidavit B-BBEE exempted, a company must provide accurate financial information, confirm its compliance with the requirements, and have the affidavit signed in the presence of a commissioner of oaths or a notary.

What is the purpose of sworn affidavit b-bbee exempted?

The purpose of the sworn affidavit B-BBEE exempted is to provide a formal declaration of a company's B-BBEE status and to facilitate access to government contracts and opportunities that promote black economic empowerment.

What information must be reported on sworn affidavit b-bbee exempted?

Information typically includes the company’s income, the number of employees, ownership structure, and the declaration affirming the truthfulness of the information provided.

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