Our team has put together a quick guide to how to get a BEE Certificate: Determine the B-BBEE level you need to obtain. Identify the set of BEE Codes that will govern your strategy – i.e. what is applicable to your industry and scope. Align your Ownership structure for the level you need. For some […]
BEE Levels are recognition levels, that indicate to what degree you comply with BEE legislation. Now, there are 8 BEE Levels for compliance – with Level 1 being the best compliance. If you score lower than what qualifies for a Level 8, you are non-compliant. Across an entire BEE Scorecard, you can score 100+ points […]
First, it is as valid as a BEE Certificate and it is essentially an affidavit stamped by a commissioner of oath to confirm the direct Black Ownership within a company Essentially, companies that make use of a BEE Affidavit in place of a BEE Certificate are startup companies, companies with a turnover of 0-10million rand, […]
In short: It doesn’t. Anyone that pays their Skills Development Levy to SARS monthly, can benefit from the claims and whether you are BEE compliant or the level of BEE compliance has no influence. However, if you do BEE and you can claim that benefit and use it towards your BEE spend for Skills Development, […]
#BEEready: Retrenchments and BEE – when you retrench employees, how is your BEE verification audit affected?
As soon as the Verification Audit process begins, the process works on live data and information on the day of verification. If you retrench, be sure to do so before your verification audit starts. If not, the employees will be included at the time of verification regardless if you are planning for the retrenchment or […]