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Bbbee affidavit word template 2026

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The document is a sworn affidavit completed by a director or member of an entity, affirming compliance with the Broad-Based Black Economic Empowerment Act. It includes declarations regarding the entity's turnover, relationships with related businesses, and operational status as either an Exempted Micro-Enterprise or Start-Up Enterprise. The signatory acknowledges the legal implications of misrepresentation and agrees to the binding nature of the oath.

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Click ‘Get Form’ to open the bbbee affidavit word template in our platform's editor.
Begin by entering your full name and ID number in the designated fields. This information is crucial for identification purposes.
In the section regarding your role, specify whether you are a Director or Member of the entity. Then, provide the entity's name, registration number, address, and VAT number if applicable.
For income declaration, indicate whether the entity’s turnover exceeded R10 million in the last 12 months by checking the appropriate box.
If there are any conflicting stakes with related businesses, disclose this information clearly. If applicable, ensure that the joint revenue is less than R10 million.
If your entity is a Start-Up Enterprise, confirm that business operations have been active for less than 12 months and list relevant documentation such as tax returns or contracts.
Finally, review all entries for accuracy before signing. Ensure both your signature and date are included at the bottom of the document along with a Commissioner of Oaths signature and stamp.

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What is a B-BBEE affidavit?

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.

What is a sworn affidavit 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 US affidavit?

Below is the basic six-step process you'll need to take to complete your affidavit. Title the affidavit. First, you'll need to title your affidavit. ... Craft a statement of identity. ... Write a statement of truth. ... State the facts. ... Reiterate your statement of truth. ... Sign and notarize.

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Who can issue B-BBEE certificates?

Professional accountants or accounting officers may issue these certificates, but they must be sure that the enterprises qualify before doing so, to avoid falling foul of the codes and being seen as undermining the spirit of the BBBEE Act.

Can I write my own affidavit in South Africa?

Can I Write My Own Affidavit In South Africa? Documents can be drafted by anyone, so they are not limited by law. To be valid, the affidavit must be signed, witnessed, and notarized.

Who qualifies for a Bbbee affidavit?

Who can use a B-BBEE Sworn Affidavit? Any company that is exempt from B-BBEE compliance because their turnover is less than R10 million per annum. Typically start-ups and Exempt Micro Enterprises (EMEs) and Qualifying Small Enterprises (QSEs).

How do you write a sworn affidavit in South Africa?

How to write an affidavit Write the heading \u201cAFFIDAVIT\u201d. State your name and personal details (i.e. ID number, gender, address, contact details, etc.). State that you are making a declaration under oath (i.e. \u201cI, the undersigned, declare the following under oath\u201d). Write the facts in a numbered list.

Who qualifies for a B-BBEE certificate?

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. For a business with a turnover of less than R10 million, a B-BBEE certificate is not required.