Bbbee sworn affidavit small enterprise 2021-2025

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The document is a sworn affidavit for a B-BBEE (Broad-Based Black Economic Empowerment) qualifying small enterprise, where the undersigned declares the ownership structure, financial status, and compliance with specific B-BBEE criteria. It includes details about black ownership percentages, income limits, and commitments to local procurement and job creation. The affidavit is valid for 12 months and requires signatures from both the deponent and a commissioner of oaths.

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What is a sworn affidavit in South Africa?

An affidavit is a written statement made under oath. This means that the person who is making the statement has sworn that the document contains the truth and is aware that they will be prosecuted if it is found that the contents of the affidavit (or parts thereof) are untrue.

How do I get a sworn affidavit in South Africa?

An affidavit can be made at any police station where you will be given a form to use.

Who can write an affidavit in South Africa?

Locate a commissioner of oaths, such as a magistrate, lawyer, notary public, or police officer. They will verify your identity and administer the oath. Sign the affidavit in front of the commissioner, who will then witness your signature and complete the official documentation.

How to fill a BBBEE affidavit?

How to Complete a BEE Affidavit for your Company Step 1: Verify Eligibility. Before you start, its important to confirm that your company qualifies to complete a B-BBEE affidavit. Step 2: Choose the Correct Template. Step 3: Gather the Required Information. Step 4: Signing the Affidavit. Step 5: Renew Annually. Final Note.

Can I get an affidavit online in South Africa?

Begin by downloading or obtaining an affidavit template that is specific to South Africa. This can be found online or acquired from legal or government entities.

sworn affidavit template

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Where to get a BBBEE affidavit?

Customers can apply for a B-BBEE certificate on the eservices website , Bizportal anytime or at the CIPC Self Service Terminals when registering a business, or when filing annual returns.

How to obtain a sworn affidavit?

Find a qualified notary public. Notaries authenticate affidavits, enhancing their legal standing. Schedule an appointment and bring ID proof. Ensure the document is complete before notarization, as alterations can void it.

What is a BBBEE qualifying small enterprise?

Who is eligible to be a Qualifying Small Enterprise (QSE)? In terms of the amended Codes of Good Practice of the B-BBEE Act that came into effect on 1st of May 2015, a QSE is a Measured Entity with an annual Total Revenue of between R10 million and less than R50 million. Categories of QSEs. Generic QSEs.

Bbbee sworn affidavit small enterprise 2021-2025

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