May 14, 2021

FAQ – Is your business required to contribute to the B-BBEE ICT Sector Council fees?

The B-BBEE ICT sector council has made the decision that as from 1 December 2020, all ICT entities who obtains a B-BBEE certificate or affidavit, will need to contribute to the annual fees of the ICT sector council. If an entity, therefore, falls under the B-BBEE ICT sector, they will be required to provide proof of payment to the verification agency as well as confirmation from the ICT sector Council that the entity is up to date with their fees.

The implication of non-contribution to the above is that the B-BBEE certificate/affidavit will not be recognised under the Enterprise and Supplier Development (ESD) element. The main concern will then most likely be that the entity’s clients will not be able to use their certificate/affidavit towards their B-BBEE procurement points and as such the B-BBEE certificate/affidavit will be deemed as invalid.

This will most likely result in the entity’s clients insisting that they must contribute to the ICT annual fees in order that they can make use of the certificate/affidavit.

To find out how SEESA can help your business visit our website for more:
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