How To Get a BEE Certificate
Get BBBEE certified so you can be more competitive in your bids for larger contracts and business opportunities in South Africa.
Do I Need a BEE Certificate?
Not every business needs to undergo formal B-BBEE verification. Your annual turnover is one of the main factors used to determine which BEE category your business falls into. However, it is not the only consideration.
How to get a BEE Certification
1. Determine Which BEE Certification You Need
The first step is to establish which BEE certification route applies to your business.
Your annual turnover, business size, ownership structure and industry can all affect the requirements. Honeycomb identifies three broad BEE rating categories: Exempted Micro Enterprises (EMEs), Qualifying Small Enterprises (QSEs) and Generic Enterprises.
Not every business needs the same level of verification. Depending on your circumstances, you may be able to use an affidavit or other documentation rather than undergoing a full verification.
If you are unsure which route applies to your business, determining this before gathering your documents can save time and help you avoid following the wrong process.
2. Request BEE Verification
If your business only requires a BEE affidavit, download the relevant affidavit and complete it.
If your business requires formal BBBEE verification, the process begins with a verification request.
You’ll need to provide basic information about your business so that the appropriate verification requirements can be established. This can include information such as:
- Company name and registration details
- Business location
- Industry or sector
- Annual turnover
- Financial year-end
- Black ownership percentage
- Number of employees
- Available financial statements or management accounts
Providing accurate information at this stage helps establish the appropriate process for your business.
3. Prepare Your BEE Documentation
The next step is to gather the evidence needed to support your B-BBEE assessment.
Depending on your business and the applicable B-BBEE requirements, this may include:
- Company registration documents
- Financial information
- Ownership and shareholder records
- Identity documents for relevant owners
- Employee and payroll information
- Skills development records
- Procurement information
- Enterprise and supplier development evidence
- Socio-economic development evidence
- Other relevant B-BBEE supporting documentation
The exact documents required will vary between businesses. You won’t necessarily need every type of document listed above. Honeycomb will be able to guide you on which documents you will need based on your circumstances.
4. Submit Your Claim Sheet & Evidence
Once your documentation has been prepared, a detailed claim sheet must be completed and submitted to Honeycomb for evaluation and review. This claim sheet sets out the points being claimed across the relevant B-BBEE elements.
The specific elements and requirements depend on the B-BBEE scorecard and sector code applicable to your business.
Depending on your business, the assessment may consider areas such as:
- Ownership
- Management control
- Skills development
- Enterprise and supplier development
- Socio-economic development
Honeycomb will select a sample of these claims for verification, which must be substantiated with suitable supporting evidence. The submitted evidence is then assessed against the applicable B-BBEE requirements to determine the points that can be awarded.
Where information is incomplete or further evidence is required, additional documentation may need to be provided during the verification process.
5. Complete the On-Site Verification
Where formal verification is required, an on-site verification forms part of the process.
The evidence submitted by the business is assessed and verified against the applicable B-BBEE requirements. Any outstanding information or supporting evidence may also need to be addressed as part of the verification process.
This is what differentiates formal B-BBEE verification from simply preparing a declaration of your BEE status.
6. Review the Preliminary Report and Scorecard
Once the verification assessment has been completed, the findings are compiled into a preliminary report and scorecard.
This shows the points achieved for the applicable B-BBEE elements and the resulting B-BBEE status.
The preliminary findings can be reviewed before the final verification outcome is issued.
7. Receive Your BEE Certificate
Once the verification process has been concluded, the final B-BBEE verification certificate and report are issued.
Your certificate provides evidence of your verified BEE status and can be supplied to customers, procurement teams or tender authorities where required.
Frequently Asked Questions
What is a BBBEE certificate?
A BBBEE certificate is a document verifying your business’ performance with regards to black economic empowerment in South Africa, as determined by your company size, sector code and the points accrued across each of the five elements of the BEE scorecard.
How long does it take to get a BBBEE certificate?
It generally takes 6to 8 weeks to get your BBBEE certificate, depending on the data submitted. Urgent verifications can be executed in just 2 to 3 weeks if required.
How long is a BEE certificate valid for?
Your BEE certificate is valid for a period of one year (12 months) from the date of issuance (signed by a SANAS Appointed Technical Signatory).
How much does a BEE certificate cost?
BEE certificate costs vary depending on the business and the verification requirements. Factors can include turnover, staff complement, business size, ownership, industry and the level of assessment required.
How do I increase my BEE score?
Improving your BEE level depends on your business’ size and sector, but will involve a mix of black ownership / shareholding, employment equity, and spend on skills development, enterprise development, and socio-economic development.
Find out more about how the BBBEE Scorecard applies to your business.
Contact Us
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Phone
0861 HONEYCOMB (466 392 662)
Fax
086 520 5064
Address
27 14th Avenue
Northmead
Benoni
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