Sworn affidavit confirming ownership (affidavit will be emailed to you)
Proof of annual turnover
(only if entity is older than 1 year)
What does it cost?
R 450 and the certificate is valid for 1 year.
Who Qualifies for BEE?
Any entity with an annual revenue less than R 5 million qualify
All start-up entities qualify as an Exempt Micro Enterprise
A start-up entity is a recently registered entity (e.g. company) that has been in operation for less than 12 months
Who may issue the certificates?
Sanas Verification Agencies
Click herefor more information (Note 4.5 - page 3)
To whom does BEE apply?
BEE only applies to those who are South African citizens by birth or descent, or who became South African citizens by naturalization before 27 April 1994 and to who would have been entitled to acquire citizenship by naturalization prior to that date.
Such a person may have become a South African citizen after 27 April 1994 or have a valid work permit, but must not be recognized as “black” or benefit from BEE.
Neither are their children, unless the other parent is “black” by definition.