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Key BEE compliance measurement principles

Key BEE compliance measurement principles by SANAS-accredited BEE rating agency BEE Empowered

Key BEE compliance measurement principles

  • Compliance is measured at the time of measurement – initiatives not yet implemented are not taken into account.
  • Substance takes precedence over legal form.
  • BEE status misrepresentation may lead to disqualification of the scorecard.
  • Initiatives to split enterprise into two or more entities – for instance, EME (Exempt Micro enterprise), QSE (Qualifying Small Enterprise) and start-ups may lead to disqualification of the scorecard – for example, to form a separate, BEE-compliant “fronting” company.
  • Any BEE status representation must be supported by suitable documentation or evidence.
  • Where a Standard Valuation Method is used, it must be consistently applied.

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