Your Turnover threshold determines if you have to use a B-BBEE Affidavit to confirm your B-BBEE Status or go through a SANAS B-BBEE verification process to obtain a Certificate.
The following Annual Turnover threshold determines if you are an EME (Exempted Micro Enterprise), QSE (Qualifying Small Enterprise) or a Generic enterprise, and this will determine if you will be able to sign an Affidavit only or need to apply for a SANAS B-BBEE Certification process.
If you need more guidance on your B-BBEE status or the appropriate process for your sector, feel free to contact us at info@elevateadvisory.co.za or visit www.elevateadvisory.co.za.