Enterprises that:
i) have annual revenue below R10 million, or
ii) have an annual revenue of between R10 million and R50 million and are 51% or more black-owned can use a B-BBEE affidavit as their certificate.
iii) All other companies need to be verified by a SANAS-accredited agency.
In order to complete an Exempt Micro Enterprise (EME) affidavit your company has to have a turnover of below R10 Million.
Definition of Black Owned: The Black Shareholder must be born in South Africa, or parent was born in South Africa or Naturalized before 1994 and are now a citizen of South Africa.
- If the company is 100% Black Owned, they are a Level 1.
- If the company is less than 100% Black Owned or 51% Black Owned, they are a Level 2.
- If the company is less than 51% Black Owned or has 0% black Ownership, they are a Level 4.
If you fall under the Sector Codes, please complete the applicable Affidavit for your company’s sector.
| Sector | EME Affidavit | EME SANAS BEE Certificate | QSE Affidavit | QSE SANAS BEE Certificate |
| Generic Codes | Revenue R10m and below | Revenue between R10m and R50m | ||
| Tourism Sector Code | Revenue R5m and below | Revenue between R5m and R45m | ||
| Forestry Sector Code | Revenue R10m and below | Revenue between R10m and R50m | ||
| Construction Sector Code | ||||
| Contractor | Revenue R3m and below | Revenue between R3m and R10m | Revenue between R10m and R50m | |
| Built Environment Professional – BEP | Revenue R1.8m and below | Revenue between R1.8m and R6m | Revenue between R6m and R25m | |
| Transport Sector Code | Revenue R5m and below | Revenue between R5m and R35m | ||
| Defence Sector Code | Revenue R5m and below | Revenue between R5m and R50m | ||
| Property Sector Code | ||||
| Asset Based | Net Asset R80m and below | Net Asset between R80m and R400m | ||
| Service Based | Turnover R10m and below | Turnover between R10m and R50m | ||
| Estate Agencies, Broking, Valuation | Turnover R2.5m and below | Turnover between R2.5m and R35m | ||
| MAC Sector Code | ||||
| Public Relations industry | Turnover R5m and below | Turnover of between R5m and R10m | ||
| Advertising industry | Turnover R10m and below | Turnover of between R10m and R50m | ||
| Marketing, advertising and communication | Turnover R10m and below | Turnover of between R10m and R50m | ||
| ICT Sector Code | Revenue R10m and below | Revenue between R10m and R50m | ||
| Financial Sector Code | Revenue R10m and below | Revenue between R10m and R50m | ||
| Agri-BEE Sector Code | Revenue R10m and below | Revenue between R10m and R50m |
Entities that fall under the Transport Sector Codes cannot utilize an Affidavit and have to obtain a B-BBEE Certificate from a SANAS Accredited Verification Agency. Utilizing an Affidavit as an entity operating in Transport sector, will be considered as fraud and perjury for the person completing this affidavit under oath.
Entities applying Modified Flow Through Principle cannot utilize an Affidavit and are required to obtain a SANAS Accredited B-BBEE Certificate.
How to complete an Affidavit?
- The Director/Member/Owner must complete the affidavit with their full name and ID Number.
- Director/Member/Owner must be underlined or the not applicable can be removed.
- All boxes must be completed in full.
- Accurate description of Nature of Business must be given.
- If the company has Black Designated Group Owned, the breakdown of this percentage must be completed on said table.
- The Financial Year must be completed with the day, month and year of the company’s financial. Please note, if this is not completed in full the Affidavit will not be valid and accepted by the B-BBEE Rating Agency.
- Underline Audited Financial Statements or Financial Statement depending on which is applicable to your company.
- The date the Deponent signed this affidavit must be the same date as the Commissioner of Oath signature, if this is not completed in full the Affidavit will not be valid and accepted by the B-BBEE Rating Agency.
In order to complete a Qualifying Small Enterprise (QSE) affidavit your company has to have a turnover of between R10 Million and R50 Million.
Definition of Black Owned: The Black Shareholder must be born in South Africa, or parent was born in South Africa or Naturalized before 1994 and are now a citizen of South Africa.
- If the company is 100% Black Owned, they are a Level 1.
- If the company is less than 100% Black Owned or 51% Black Owned, they are a Level 2.
- If the company is less than 51% Black Owned or has 0% black Ownership, they required to obtain a B-BBEE certificate from SANAS Accredited Verification Agency.
If you fall under the Sector Codes, please complete the applicable Affidavit for your company’s sector.
Entities that fall under the Transport Sector Codes cannot utilize an Affidavit and have to obtain a B-BBEE Certificate from a SANAS Accredited Verification Agency. Utilizing an Affidavit as an entity operating in Transport sector, will be considered as fraud and perjury for the person completing this affidavit under oath.
Entities applying Modified Flow Through Principle cannot utilize an Affidavit and are required to obtain a SANAS Accredited B-BBEE Certificate.
How to complete an Affidavit?
- The Director/Member/Owner must complete the affidavit with their full name and ID Number.
- Director/Member/Owner must be underlined or the not applicable can be removed.
- All boxes must be completed in full.
- Accurate description of Nature of Business must be given.
- If the company has Black Designated Group Owned, the breakdown of this percentage must be completed on said table.
- The Financial Year must be completed with the day, month and year of the company’s financial. Please note, if this is not completed in full the Affidavit will not be valid and accepted by the B-BBEE Rating Agency.
- Underline Audited Financial Statements or Financial Statement depending on which is applicable to your company.
- The date the Deponent signed this affidavit must be the same date as the Commissioner of Oath signature, if this is not completed in full the Affidavit will not be valid and accepted by the B-BBEE Rating Agency.
