There are different annual turnover classifications for Exempt Micro Enterprises, Qualifying Small Enterprises and Generic Enterprises depending on the type of industry a business operates in. The first step in the verification process is to understand which category your business falls into.

 

Type of Industry
Exempt Micro Enterprise
Qualifying Small Enterprise
Generic Enterprise
Annual turnover threshold
Annual turnover threshold
Annual turnover threshold
Chartered Accountancy Sector
Less than R5 million
From R5 to R35 million
Above R35 million
Construction - Contractor
Less than R5 million
From R5 to R35 million
Above R35 million
Construction - BEP  (Build Environment Professionals) eg Architects
Less than R1.5 million
From R1.5 to R11.5 million
Above R11.5 million
Tourism
Less than R2.5 million
From R2.5 to R35 million
Above R35 million
Transport
Less than R5 million
From R5 to R35 million
Above R35 million
All other Industries
Less than R5 million
From R5 to R35 million
Above R35 million