B-BBEE Recognition Level
Exempt Micro Enterprise (EME)
An enterprise with an annual Total Revenue of R10 Million or less qualifies as an Exempted Micro-Enterprise (EME). An EME is deemed to have an automatic B-BBEE Status of “Level Four Contributor” with a B-BBEE recognition level of 100%.
Despite the above, the amended Codes of Good Practice have provided for enhanced B-BBEE recognition levels for an EME where:
However, an EME is allowed to be measured in terms of the Qualifying Small Enterprise scorecard if it wishes to maximise its points and move to a higher level.
Qualifying Small Enterprise (QSE)