QUALIFYING SMALL ENTERPRISES
Qualifying Small Enterprises are SMEs with annual turnaround of between R10 million and R50 million. QSEs need to comply with all 5 BBBEE elements according to their industry code.
QSE BEE Levels and Scorecard:
- Qualifying Small Enterprises which 100% black ownership are deemed to be BBBEE Level 1, with 135% procurement recognition. A sworn affidavit must be completed.
- QSEs with over 51% black ownership qualify for BBBEE Level 2, with a 125% procurement rating. A sworn affidavit must be completed.
- QSEs with black ownership less than 51% need to be measured according to their industry codes.
Less than 51% black-owned?
More than 51% black-owned?
Start your BBBEE journey with us
Honeycomb BEE promises good practice and extensive knowledge of BBBEE. We uphold what is written in law and gazetted, helping you to truly transform your business with BEE verification services
Contact Us
Head Office
Phone
0861 HONEYCOMB (466 392 662)
Fax
086 520 5064
Address
27 14th Avenue
Northmead
Benoni
1501