BEE Ownership Guide

Deemed BEE Ownership: Legitimate Ways to Achieve BEE Ownership Points

In this article, we discuss several ways to legitimately achieve deemed BEE ownership points without having actual BEE owners. This is called ‘deemed ownership’. A Recap on the Challenges of Achieving Actual BEE Ownership Ownership is the trickiest part of the BEE Scorecard. Many times, business owners are not committed to BEE for various reasons,

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How to achieve BEE ownership when you can’t (or won’t) change your actual shareholding?

In the dynamic business terrain of South Africa, the B-BBEE laws cast a significant influence. Achieving B-BBEE compliance, particularly concerning ownership, presents challenges, especially for foreign entities. This piece explores BEE Ownership Solutions to assist businesses in this intricate journey. The Pressure of BEE Compliance Most businesses, while operating in South Africa, feel the pressure

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Statement 102 transactions: BEE ownership through the sale of assets

BEE Ownership through Statement 102: An In-depth Overview Introduction: Broad-Based Black Economic Empowerment (B-BBEE or BEE) is a transformative initiative in South Africa. The program is structured to enhance the economic participation of Black individuals. One segment of the BEE codes, Statement 102, particularly addresses BEE ownership through asset sales. Statement 102 and the Background

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How to get out of a BEE deal

Relationships, whether personal or in business arrangements like a BEE deal, end with death or divorce. Legal fees and taxes are certain: Relationships: From Excitement to Discontentment Many relationships sour, once the excitement of the courting is over and the realization of the limitations of the partnership sets in. Sometimes this turns ugly and ends

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