Definition in terms of the B-BBEE Codes of Good Practice of 11th October 2013 (BEE Codes 2013)
Exempted Micro Enterprise
Means an Entity with an annual turnover of R10 (ten) million or less;
BizAdvance Consulting comments and references:
Refer to Statement 000, clause 4, page 8 and clause 6, page 10.
Comments are based on the opinion of BizAdvance Consulting and may be subject to different interpretations and opinions by other parties. The comments and references are intended as a guide to readers but it is important that they are read in conjunction with the Codes and other related legislation. Please refer to our Disclaimer Policy.