BBBEE Wise will guide you step-by-step to achieve your desired level of B-BBEE compliance by providing you with all the assistance, support and expert advice you need. Our team will ensure that you meet all B-BBEE legislation requirements in the most efficient and cost-effective manner.
What can you do with a
valid bee certificate?
What bee certificate
would you need?
START-UP ENTERPRISE
A Start-up Enterprise must be measured as an Exempt Micro Enterprise (EME) for the first year following its formation or incorporation. This provision applies regardless of the expected total revenue of the Start-up Enterprise. A Start-up Enterprise must submit a QSE Scorecard when tendering for any contract or seeking any other economic activity with a value higher than R10 million but less than R50 million. For contracts of R50 million or more, they should submit a Generic Scorecard. The preparation of such Scorecards must use annualised data.
EME
IF YOUR ANNUAL TURNOVER IS UNDER R10 MILLION, YOU WILL QUALIFY AS AN EXEMPT MICRO ENTERPRISE.
- An EME with less than 51% Black-Ownership automatically qualifies as a Level 4 Contributor with 100% B-BBEE procurement recognition.
- If the entity has 51% or more Black-Ownership, the score is bumped up to a Level 2 Contributor with a 125% B-BBEE procurement recognition level.
- If the entity is 100% Black-Owned, the score is bumped up to a Level 1 Contributor with a 135% B-BBEE procurement recognition level.
Due to the Amended Codes of Good Practice, EME’s are only required to obtain a DTI Sworn Affidavit. Once this has been completed and certified, this will act as your BEE Certificate.
Affidavit-eme-gen
AFFIDAVIT-EME-spec
QSE
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.
Affidavit-qse-gen
AFFIDAVIT-QSE-spec
GENERIC
IF YOUR ANNUAL TURNOVER IS ABOVE R50 MILLION, YOU WILL QUALIFY AS A GENERIC ENTERPRISE.
A Generic Enterprise needs to be measured on all five elements of the BEE Scorecard, of which each element earns you points towards your final B-BBEE compliance level.
Priority Elements for Generic are:
- Ownership
- Skills Development
- Enterprise and Supplier Development
Unlike a QSE, it is compulsory for a Generic to comply with all three priority elements: Ownership, Skills Development and Enterprise and Supplier Development.