BEE Affidavit

A BEE Certificate is only required for big companies with a turnover in excess of R50 million per annum. A BEE Certificate is a big expensive process which requires audits and site visits and is usually done by big accounting firms.  A BEE affidavit is required for EME’s and QSEs which are businesses with a turnover of less than R50 million per year.An EME is an exempt Micro Enterprise with a turnover of less than R10 million per annum.   A QSE  is a  Qualified Small Enterprise with a turnover of more than R10 million but less than R50 million per annum

A BEE affidavit is not a legal requirement for companies however it is often a compliance requirement for tender submission.  

Level 1 – 100% black ownedLevel 2 – between 99 and 51% black ownedLevel 4 (this is not a typo) – between 50% and 0% black owned vbLf vbLf vbLf & There is no level 3.Please note that a QSE level 4 can’t apply for a BEE affidavit, it has to apply for a BEE certific ate

Yes it does – it needs to be renewed annually from the date of issue.  It is also required to be commissioned by a Commissioner of oaths for validation.  

According to the Department of Trade and Industry a black person is defined as every race other than a white person who arrived in South Africa before 1994 and has a valid South African ID document.

A BEE affidavit is a declaration sworn in front of a Commissioner of Oaths of the measure of the black ownership of an entity.