IF YOUR ANNUAL TURNOVER IS BETWEEN R10 MILLION AND R50 MILLION, YOU WILL QUALIFY AS A QUALIFYING SMALL ENTERPRISE.
A QSE Enterprise with less than 51% Black-Ownership needs to be measured on all five elements of the BEE Scorecard, as each element earns you points towards your final B-BBEE compliance level.
Priority Elements for QSE are:
- Ownership
- Skills Development
- Enterprise and Supplier Development
A QSE is required to comply with Ownership as a compulsory element and either Skills Development or Enterprise and Supplier Development.
Enhanced B-BBEE Recognition Level for QSE:
A QSE, which is 100% Black-Owned, qualifies for a Level 1 B-BBEE recognition level.
A QSE, which is at least 51% Black-Owned, qualifies for a Level 2 B-BBEE recognition level.