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Writer's pictureTalita Westraadt

ENSURE YOU USE THE CORRECT EXEMPTED AFFIDAVITS - Property Sector


Asset Based:


Exempted Micro Enterprise (EME): Entity with a Net Asset value of less than R80 million. 100% Black Owned = Level 1 51% > Black Owned = Level 2 50% < Black Owned = Level 4 Qualifying Small Enterprise (QSE): Entity that qualifies for measurement under the Qualifying Small Enterprise scorecard with a Net Asset value of less than R400 million. 100% Black Owned = Level 1 51% > Black Owned = Level 2 50% < Black Owned = Need to obtain a SANAS audit B-BBEE Certificate.


Estate Agents, Broking & Valuation:


Exempted Micro Enterprise (EME): Entity with an annual turnover of R 2.5 million or less. 100% Black Owned = Level 1 51% > Black Owned = Level 2 50% < Black Owned = Level 4 Qualifying Small Enterprise (QSE): Entity that qualifies for measurement under the Qualifying Small Enterprise scorecard with a turnover of R2.5 million or more but less than R35 million. 100% Black Owned = Level 1 51% > Black Owned = Level 2 50% < Black Owned = Need to obtain a SANAS audit B-BBEE Certificate.


Service Based:


Exempted Micro Enterprise (EME): Entity with an annual turnover of R10 million or less. 100% Black Owned = Level 1 51% > Black Owned = Level 2 50% < Black Owned = Level 4 Qualifying Small Enterprise (QSE): Entity that qualifies for measurement under the Qualifying Small Enterprise scorecard with a turnover of R10 million or more but less than R50 million. 100% Black Owned = Level 1 51% > Black Owned = Level 2 50% < Black Owned = Need to obtain a SANAS audit B-BBEE Certificate.



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