Qualifying Small Enterprise Affidavits
Businesses with annual turnover of between R10 million and R50 million are defined as Qualifying Small Enterprises, and need to be verified according to a sector-specific BBBEE scorecard, except where black ownership exceeds 51%.
QSEs with 51% to 99% black ownership qualify for BBBEE Level 2, while 100% black-owned companies qualify for Level 1.
In these cases, you can submit a sworn QSE Affidavit to certify your ownership structure and qualify for higher procurement recognition.
