Get the free Form Bbbee 1

This document is a compliance report submitted by Attacq Limited to the Broad-Based Black Economic Empowerment Commission, detailing the company\'s B-BBEE scores across several categories as required by the Act and the Johannesburg Stock Exchange listing regulations.

How to fill out form bbbee 1

How to fill out form bbbee 1

1. Gather all necessary documentation, including your company's registration and ownership details.
2. Obtain the required financial statements for the previous year.
3. Complete the company details section, including the registered name and address.
4. Fill out the ownership section with accurate shareholder information.
5. Provide a list of your company's directors and their demographic details.
6. Attach the financial statements and any other required documents.
7. Review all entries for accuracy and completeness.
8. Submit the form to the relevant B-BBEE verification agency.

Who needs form bbbee 1?

1. Businesses operating in South Africa that wish to demonstrate their compliance with B-BBEE regulations.
2. Companies seeking to improve their B-BBEE score for governmental or corporate procurement processes.
3. Organizations that need to disclose their transformation status to clients or stakeholders.

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What is form bbbee 1?

Form BBEEE 1 is a compliance document used in South Africa for the Broad-Based Black Economic Empowerment (B-BBEE) Act. It provides a verification report of a company’s black ownership and empowerment status.

Who is required to file form bbbee 1?

All companies operating in South Africa with a turnover above the stipulated threshold, as well as those seeking to engage in business with government or certain private sector entities, are required to file Form BBEEE 1.

How to fill out form bbbee 1?

To fill out Form BBEEE 1, you need to gather necessary information regarding your company's ownership structure, financial statements, and demographic data of employees, and input them into the relevant sections of the form following the guidelines provided by the B-BBEE Commission.

What is the purpose of form bbbee 1?

The purpose of Form BBEEE 1 is to assess and report a company’s compliance with B-BBEE legislation, indicating its contribution to economic empowerment and transformation in South Africa.

What information must be reported on form bbbee 1?

Form BBEEE 1 requires reporting on ownership, management control, skills development, enterprise and supplier development, and socio-economic development contributions made by the company.