Get the free Sworn Affidavit - B-bbee Qualifying Small Enterprise - Ict

This document serves as a sworn affidavit confirming the B-BBEE status and ownership breakdown of a qualifying small enterprise in the ICT sector. It includes declarations regarding the percentage of Black ownership, Black female ownership, and ownership from designated groups as defined by the B-BBEE Act. The affidavit is valid for 12 months and must be signed by a commissioner of oaths.

How to fill out sworn affidavit - b-bbee

How to fill out sworn affidavit - b-bbee

1. Gather necessary personal and business information required for the affidavit.
2. Obtain a blank sworn affidavit form specific to BBBEE (Broad-Based Black Economic Empowerment).
3. Fill in the personal details such as name, ID number, and contact information at the top of the affidavit.
4. Provide details of the business, including its registration number, physical address, and type of business entity.
5. Clearly state the purpose of the affidavit and the specific BBBEE-related declarations being made.
6. List and explain the relevant contributions to BBBEE, such as ownership, management control, skills development, etc.
7. Sign and date the affidavit in the presence of a Commissioner of Oaths to make it legally binding.
8. Keep copies of the affidavit for your records and submit the original to the relevant BBBEE verification agency.

Who needs sworn affidavit - b-bbee?

1. Businesses seeking BBBEE accreditation or certification.
2. Companies wanting to improve their BBBEE status in tenders and procurement processes.
3. Organizations looking to demonstrate compliance with BBBEE regulations.
4. Stakeholders interested in monitoring or verifying the BBBEE contributions of a business.

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What is sworn affidavit - b-bbee?

A sworn affidavit - b-bbee is a legal document that certifies compliance with the Broad-Based Black Economic Empowerment (B-BBEE) Act in South Africa, affirming specific information regarding the entity's B-BBEE status.

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

Any businesses or entities operating in South Africa that seek to demonstrate their compliance with B-BBEE legislation are required to file a sworn affidavit.

How to fill out sworn affidavit - b-bbee?

To fill out a sworn affidavit - b-bbee, the entity must provide specific information regarding their ownership, management, and other relevant B-BBEE compliance metrics, ensuring all information is accurate and supported by documentation.

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

The purpose of the sworn affidavit - b-bbee is to verify and confirm an entity’s B-BBEE status and ensure adherence to the legislative requirements set forth by the B-BBEE Act.

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

The sworn affidavit must report information including the entity's ownership structure, management control, skills development, enterprise development, and socio-economic development contributions.