EXEMPT MICRO ENTERPRISES
South African businesses with annual revenue of less than R10 million or less than 1 year old qualify as an Exempt Micro Enterprise and can automatically receive a BBBEE Level 4 rating, which can be further improved with 51% or more black ownership.
Exempt Micro Enterprise BEE Levels:
- Automatic qualification and recognition of BBBEE Level 4, and a 100% procurement rating, regardless of ownership.
- EMEs with over 51% black ownership qualify for BBBEE Level 2, with a 125% procurement rating.
- EMEs that are 100% black-owned automatically qualify for BBBEE Level 1, with a 135% procurement rating.
Exempt Micro Enterprises can submit a sworn affidavit that functions as their BBBEE Certificate.
Frequently Asked Questions
What is an Exempt Micro Enterprise?
An exempt micro enterprise (EME) is a company with annual revenue of lower than R10 million. These businesses automatically qualify for a BEE Level 4 rating. Increasing black ownership to 51% or more will qualify an EME as a Level 2 contributor, while 100% black-owned EMEs qualify as Level 1.
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