Definition of Qualifying Small Enterprise

Definition in terms of the B-BBEE Codes of Good Practice of 11th October 2013 (BEE Codes 2013)

Qualifying Small Enterprise

Means an Entity that qualifies for measurement under the Qualifying Small Enterprise scorecard with a turnover of R10 million or more but less than R50 million;

BizAdvance Consulting comments and references:

Relates to the qualifying criteria for a Measured Entity in selecting the correct scorecard.

Refer Statement 000 clause 5 page 9; 2.5 page 6; page 7;; 3.4 page 8;

Ownership Statement 100 clause 2.1.2

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.