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SWORN AFFIDAVIT BBBEE EXEMPTED MICRO ENTERPRISE TOURISM I, the undersigned, Full name & Surname Identity number Hereby declare under oath as follows: 1. The contents of this statement are to the.

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A B-BBEE certificate may not be the first thing on your business's to-do list – and the good news is that it doesn't have to be. However, while BEE compliance isn't an obligation on your part, as a private business owner a valid B-BBEE certification could open up more opportunities for you.

An EME Affidavit is statement made under oath attesting to the following: Annual Turnover below R10 million per annum. The percentage of Black Ownership.

Broad-Based Black Economic Empowerment.

Customers can complete an affidavit, signed by a commissioner of oaths. Once an affidavit has been stamped by a commissioner of oaths, the affidavit serves as a B-BBEE certificate, as no other verification is required for Exempted Micro Enterprises.

An exempt micro enterprise (EME) is a company with annual revenue of lower than R10 million. These businesses automatically qualify for a BEE Level 4 rating. Increasing black ownership to 51% or more will qualify an EME as a Level 2 contributor, while 100% black-owned EMEs qualify as Level 1. © 2022 Honeycomb BEE.

Accounting officers under the new code. A BAP(SA) may assist a client seeking assistance with obtaining an EME affidavit and additional confirmation by acting as a Commissioner of Oaths.

WHAT IS AN EME (EXEMPTED MICRO ENTERPRISE)? As a general rule, businesses with an annual turnover lower than R10 million qualifies as Exempted Micro Enterprises (EME). This means that a small business does not have to conduct a full BEE verification in order to achieve a BEE level.

A micro-enterprise (or microenterprise) is generally defined as a small business employing nine people or fewer, and having a balance sheet or turnover less than a certain amount (e.g. €2 million or PhP 3 million).

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232