AN UPDATE ON THE BEE RECOGNITION LEVEL
At the time of sending our August newsletter the article from TECSA was correct but Government has changed the procedure of Exempt Micro Enterprise status. This latest information was supplied by Arlene Wilson-Max of TECSA.
An Exempt Micro Enterprise
You are an Exempt Micro Enterprise if you have an annual turnover of less than R5 million. Your company fits into the 65 - 75% bracket which automatically makes you a good BEE Contributor.
Your BEE Recognition level is 4.
Your potential client’s will request your BEE Recognition Level or BEE Status from you prior to doing business with you.
As an Exempt Micro Enterprise you can explain to them that you have a BEE Recognition Level of 4 and send them a copy of a signed and stamped letter from your Auditor.
To attain proof as an EME, Please request a formal written letter from your Auditor as Follows: -
Date
To Whom It May Concern:
Re: Confirmation of Exempt Micro Enterprise (EME)
“Auditor’s company name” hereby confirm that “Your company name” with a company registration number …/…/….. have an annual turnover of less than R5 million.
We therefore acknowledge that they are classified as an “Exempt Micro Enterprise” as per the Department of Trade and Industry’s Black Economic Empowerment Codes of Good Practice.
They are therefore a good BEE contributor and they automatically score between 65% – 75%. They have a BEE Recognition Level 4.
For any queries, please kindly contact the Director of Stakeholder Relations at the Tourism BEE Charter Council at the Department of Environmental Affairs and Tourism, Mrs Arlene Wilson-Max on Tel: 012 310 3037 or Cell: 079 602 4927 or email: awilson-max@deat.gov.za
For any further queries, please contact the dti BEE Unit on 012 394 1634.
Yours sincerely
Auditors Signature and Stamp to appear here
Please be advised that the Tourism Charter is still awaiting alignment
to the dti codes of good practice. I would like to advise you that once
this process is completed there maybe further changes.
BnB Sure will keep you updated of the changes as and when they happen.
