Are you a qualifying small enterprise?
- Qualifying small enterprises – total annual revenue must be between R10 million and R50 million
- Enhanced B-BBEE recognition levels for QSEs:
- QSE which is less than 100% Black Owned qualifies for a level one B-BBEE recognition
- A QSE which is at least 51% Black Owned qualifies for level two B-BBEE recognition level
- Any misrepresentation on annual total revenue and level of black ownership constitute a criminal offence as set out in the B-BBEE Act as amended.
Let BEEVER help you become BBBEE compliant