Qualifying Small Enterprise Affidavits
If your business has an annual turnover between R10 million and R50 million, it is classified as a Qualifying Small Enterprise (QSE) under the BBBEE Codes of Good Practice.
Normally, QSEs must be verified using a sector-specific BBBEE scorecard, but there’s a faster route if you meet the ownership requirements:
- 51% to 99% black ownership = BBBEE Level 2 recognition.
- 100% black ownership = BBBEE Level 1 recognition.
In these cases, you can skip the full verification audit by submitting a sworn BBBEE QSE Affidavit to confirm your ownership structure and claim your level.
Your BBBEE QSE affidavit is accepted by government departments, state-owned entities, and corporate procurement systems as official proof of your BBBEE status.
If you’re not sure which affidavit to use, or how to complete it correctly, contact us. We’re happy to guide you through it
