ARTICLES

September 22, 2017

Under the (2013) Revised B-BBEE Codes of Good Practice, an EME is only required to obtain a sworn affidavit on an annual basis confirming this status. Any entity with an annual revenue less than R10 million qualifies as an Exempt Micro Enterprise (EME). BEE Certificates are no longer used for any Exempt Micro Enterprise Entities who do not fall in any sector charter.

Any EME automatically qualifies as follows:

  • Level 1 issued if black ownership is 100% (Procurement recognition level of 135%)

  • Level 2 issued if black ownership is 51% or more (Procurement recognition level of 125%)

  • Level...

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