17 May 2022
B-BBEE Thresholds For The Property Sector Charter
The Property Sector Charter Thresholds Are To Determine If A Company Is Verified As An EME, QSE Or Generic Enterprise On A B-BBEE Scorecard. A ‘Threshold’ Is Measured By The Annual Revenue Of The Company.
This Charter Is Split Into 3 Sub-Sectors Of Property Categories Being:- Asset Based Entities, Service Based Entities And Estate Agency Entities. Each Of These Sub-Sectors Have Different Thresholds Which Are Shown In Table Below.
It Is Important To Note That A Company Falls Onto A Sector Charter If More Than 60% Of Their Revenue Is Derived From That Sector.
Property Sub-Sectors | EME | QSE | GENERIC |
Property – Asset Based | <R 80m | R80m – R400m | >R400m |
Property – Service Based | <R 10m | R10m – R50m | >R 50m |
Property – Estate Agencies | <R 2.5m | R2.5m-R35m | >R35m |
Should You Require A B-BBEE Certificate On The Property Sector Scorecard Please Contact Premier Verification On Www.Premierverification.Com | Info@P-V.Co.Za | 010 591 0591
https://www.linkedin.com/feed/update/urn:li:activity:6932308162108620800