How best to prepare for your B-BBEE Verification
Regardless of whether your company is a Start-up Enterprise, a Private Company, a Close Corporation, listed or unlisted, operating in South Africa has changed drastically in the past years irrespective of the industry and/or sector you are trading in.
It is understandable to be confused and overwhelmed merely by the thought of preparing for your B-BBEE Verification.
To simplify preparing for your B-BBEE verification, you must first focus on the following:
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Your current B-BBEE Certificate:
Knowing when your current certificate will expire is essential. -
The applicable Codes or Sector Codes and scorecard:
It is very important to determine the applicable Codes or Sector Codes as well as the scorecard on which your company’s B-BBEE Verification will be based. -
Document Management:
Adopting and/or incorporating a system to assist with your company’s recordkeeping will ensure that any and every supporting document is readily available without any hassle of retrieving hard copies from archives, whilst saving you precious time to focus on the more important matters at hand.
For more information and assistance with your current or upcoming B-BBEE verification, kindly contact us on 079 373 3887 OR e-mail us on info@mpowermax.com
