A BEE certificate is an absolute crucial part of a business in South Africa.
An entity can apply for a BEE exempt certificate or known as a BEE Exempt Micro Enterprise scorecard when its turnover is less than R 10 million per annum. The following trades do have other thresholds:
1. Construction - R 1.5 million
2. Tourism - R 2.5 million
It is important to always have a valid scorecard as any tenders to municipalities or government organisations will request this. Other private companies will also use your certificate for the own BEE status and scoring. The scorecard is valid for 12 months from date of issue.
The BEE EME scorecard can be a Level 1,2 or 4.
A exempted micro enterprise will be deemed to have a B-BBEE Level 4 status OR
A level 2 B-BBEE status with at least 51% but less than 100% black ownership OR
A level 1 B-BBEE status with 100% black ownership.
The following people are authorised to issue this BEE EME certificate:
1. Accounting officer
3 SANAS Approved verification agent
We issue the certificates as an accounting officer.
The certificate are issued on completion of the application form and after we received the list of requirements and proof of payment.
The list of requirements or documentation are:
1. Proof of turnover
2. Most recent CIPC registration documents
3. Identity documentation of all directors and shareholders
4. Share certificates or other proof of shareholding
NB: Please remember that as from 1 May 2015 you only need a sworn affidavit to confirm shareholding and turnover and no longer a EME certificate, but we still suggest that you make use of it for professional reasons.