EMEs and black-owned QSEs can confirm their B-BBEE level with a sworn affidavit instead of a verification.
Not every business needs a full B-BBEE verification. Under the generic Codes, smaller entities can confirm their status with a sworn affidavit.
Exempted Micro-Enterprises (EMEs): annual turnover of R10 million or less. An EME is automatically a Level 4 contributor, Level 2 if at least 51% black-owned, and Level 1 if 100% black-owned.
Qualifying Small Enterprises (QSEs): annual turnover between R10 million and R50 million. A QSE that is at least 51% black-owned may use a sworn affidavit: Level 2 if at least 51% black-owned and Level 1 if 100% black-owned. Other QSEs must be verified by an accredited agency against the QSE scorecard.
How it works: use the official affidavit template for your sector, complete it accurately, and sign it before a commissioner of oaths. The affidavit is valid for 12 months.
Sector codes: several sectors have their own thresholds and templates. Check which code applies before you sign.
Be accurate: misrepresenting B-BBEE status is a criminal offence under the B-BBEE Act, with heavy fines and possible imprisonment.
Growing past R10 million or losing black ownership changes your position. Review your status every year before the affidavit expires.
This article is general information, not legal advice for your specific situation. Speak to a MetaCo consultant about your organisation.