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SWORN AFFIDAVIT BBBEE EXEMPTED MICO ENTERPRISE GENERAL BBBEE LEVEL 4 CONTRIBUTOR: 100% PROCUREMENT RECOGNITION I, the undersigned,Full Name & Surname: Identity Number:GARY JOHN ABRAHAMSE 5502055122089Hereby
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A sworn affidavit - b-bbee exempted is a formal document that certifies an entity's exempt status from the Broad-Based Black Economic Empowerment (B-BBEE) provisions, usually due to specific criteria that exclude them from compliance.
Entities that meet the criteria for exemption from B-BBEE compliance, such as small businesses or companies that fall below a certain revenue threshold, are required to file the sworn affidavit - b-bbee exempted.
To fill out the sworn affidavit - b-bbee exempted, entities should provide accurate information regarding their business operations, financial status, and the grounds for their exemption, and have the affidavit notarized.
The purpose of the sworn affidavit - b-bbee exempted is to confirm an entity's exemption status from B-BBEE requirements, which can provide them with certain regulatory and compliance advantages.
The affidavit must report information such as the company's registration details, revenue figures, reasons for exemption, and any other relevant details that support the claim of exemption.
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