The BEE rating process for companies with a turnover more than R 10 million are a bit more complex than the BEE EME certificate, but do not let this scare you.
The turnover of your company determine your rating process :
Annual turnover below R 10 million - Exempted Micro Enterprise (EME)
Annual turnover between R 10 million and R 50 million - Qualifying Small Enterprise (QSE)
Annual turnover above R 50 million - Generic Enterprises
- All seven elements rated
The verification and scoring depends on the following seven elements:
- Management control
- Employment equity
- Skill development
- Enterprise development
- Socio economic development
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.
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