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AFFIDAVIT BB BEE QUALIFYING SMALL ENTERPRISE AMENDED MARKETING, ADVERTISING & COMMUNICATION SECTOR CODE I, the undersigned, Full name & Surname Identity number Hereby declare under oath as follows:
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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 is exempt from Broad-Based Black Economic Empowerment (B-BBEE) compliance according to specific criteria set by the South African government.
Who is required to file sworn affidavit b-bbee exempted?
Small enterprises with an annual turnover that falls below the threshold set for B-BBEE compliance, often categorized as exempt micro enterprises, 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, one must provide necessary business details such as ownership structure, annual turnover, and confirm the business's exempt status. The affidavit must be signed before a commissioner of oaths.
What is the purpose of sworn affidavit b-bbee exempted?
The purpose of the sworn affidavit b-BBEE exempted is to provide a formal statement regarding the business's B-BBEE status, ensuring compliance with legal requirements and enabling businesses to access certain grants, contracts, and partnerships.
What information must be reported on sworn affidavit b-bbee exempted?
The affidavit must report the business's registration information, the names of owners, confirmation of annual turnover, and other relevant details such as black ownership percentages.
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