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This document is a compliance report submitted by HomeChoice International PLC for their Broad-Based Black Economic Empowerment (B-BBEE) status, including details on the organization\'s ownership, management control, skills development, enterprise and supplier development, and socio-economic development scores as per the Johannesburg Stock Exchange regulations.
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How to fill out form bbbee 1

01
Obtain the BBBEE 1 form from the relevant authority or download it from the official website.
02
Fill in the company's registered name and registration number.
03
Provide the physical and postal addresses of the business.
04
Indicate the nature of the business and the sector in which it operates.
05
Fill in the contact details, including the telephone number and email address.
06
Fill in the details of the company's directors and their respective percentages of ownership.
07
Include information regarding the company's workforce demographics.
08
Declare the company's annual turnover and total assets.
09
Review the completed form for accuracy and completeness.
10
Submit the form to the relevant authority according to their submission guidelines.

Who needs form bbbee 1?

01
Businesses in South Africa that are required to demonstrate compliance with the Broad-Based Black Economic Empowerment (BBBEE) policy.
02
Companies seeking to enter into contracts with government entities or certain private sector agreements.
03
Businesses that aim to improve their BBBEE score for competitive advantages in the marketplace.
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Form BBBEE 1 is a document used in South Africa for reporting compliance with the Broad-Based Black Economic Empowerment (BBBEE) initiative.
All entities operating in South Africa that are subject to the BBBEE regulations, including companies and organizations, are required to file Form BBBEE 1.
To fill out Form BBBEE 1, organizations need to provide specific information related to their BBBEE scorecard, meet relevant requirements, and complete all sections accurately.
The purpose of Form BBBEE 1 is to assess and report the level of compliance of an organization with the BBBEE standards, thereby promoting economic transformation.
Form BBBEE 1 requires reporting on ownership, management, skills development, enterprise and supplier development, and socio-economic development.
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