Author Topic: BEE Exemption  (Read 757 times)

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BEE Exemption
« on: July 23, 2015, 04:59:19 PM »
All businesses are now required to spend 15% of their Total Measured Procurement Spend with Exempt Micro Enterprises (EMEs). Secure your free EME Affidavit below and get registered on the National BEE Database;

If your company turned over less than R10 million in the last 12 month period it is exempted from being measured on a BEE Scorecard. Any Exempted Micro Enterprise automatically qualifies as follows;

    *100% Black Owned EME – Level 1 BEE Status
    *51% or more Black Owned EME – Level 2 Status
    *Any other EME – Level 4 Status.

The Revised BEE Codes were gazetted on the 11th October 2013 and may be applied immediately. Under the 2013 Revised BEE Codes any company with an annual turnover of less than R10 million qualifies as an Exempted Micro Enterprise (EME). An EME is exempted from being measured against any BEE Scorecard. EMEs automatically qualify as Empowering Suppliers so their customers are all able to claim BEE Points when buying from them.

Under the Revised BEE Codes all businesses have been given the target of buying 15% of total Measured Procurement Spend from EMEs each year. This should give rise to the establishment and growth of EMEs in South Africa.


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