CIPC B-BBEE Certificates
CIPC B-BBEE Certificates
(Description / Services)
The BEE Certificate, also known as the Broad-Based Black Economic Empowerment Certificate, is a document issued in South Africa to assess and verify a company’s level of compliance with the country’s Broad-Based Black Economic Empowerment Act (B-BBEE). The main objective of B-BBEE is the inclusion of the black race (broadly defined as African, Indian and mixed race) in the economy, within a broader goal of national empowerment, targeting historically disadvantaged people such as black people in general, women, youth, rural people, communities and people with disabilities.
- CIPC only provides B-BBEE certifications to exempt microenterprises with an annual turnover of less than R10 million.
- The certificate is only valid for one year and cannot be renewed. Once it expires, a new application must be submitted.
- Only directors/members of entities can apply for B-BBEE certifications, not intermediaries or third parties.
- Entities that have at least one foreign director/member do not qualify for CIPC B-BBEE certificates.
Additional Services
Corporate Services
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Popular Services
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Strategic Consultancy
Strategy consulting involves helping companies develop strategic plans for various processes. Strategy consultants generally work with senior executives.
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Closing and Exiting Business
When a company ceases to operate and is removed from the ICPC by formally deregistering the company. This means that the company will no longer be formally registered.
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Maintenance Package
The Annual Renewal Fee is the annual charge to cover the continued use of the company, resident, business bank account and documentation that we have to declare to the authorities and institutions in South Africa.