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Broad-Based Black Economic Empowerment Act 53 of 2003 (B-BBEE)
ActSouth Africa Fonte: South African Government
Business RegistrationB-BBEEEmpowermentCompliance
Resumo (em inglês simples)
Establishes the B-BBEE framework for economic transformation in South Africa. Companies are rated on a scorecard measuring: ownership, management control, skills development, enterprise and supplier development, socio-economic development. B-BBEE status affects ability to do business with government and large corporations. Companies with annual turnover under ZAR 10 million can qualify as Exempted Micro Enterprises (EMEs) with automatic Level 4 status.
O que isto significa para si
- • B-BBEE compliance is practically required for government contracts
- • Large companies require suppliers to have B-BBEE certification
- • EMEs (turnover < ZAR 10M) get automatic Level 4
- • Annual verification required by accredited agency
- • Non-compliance limits access to major contracts
Fonte original
https://www.gov.za/documents/broad-based-black-economic-empowerment-actConteúdo proveniente de South African Government. Consulte sempre o documento oficial para obter o texto que faz fé.
Não constitui aconselhamento jurídico. Este resumo tem fins meramente informativos. A ONIM não armazena nem republica textos jurídicos integrais. Consulte sempre um profissional de direito qualificado para obter aconselhamento adequado à sua situação.