COMMERCIAL LAW
Broad Basis Black Economic Empowerment (BBBEE)
As a business, Conradie Inc. is committed to social responsibility and the legislative goals of the Broad-Based Black Economic Empowerment (BBBEE) legislation.
Compliance with the requirements of BBBEE legislation can provide a variety of opportunities for your business to provide services and products to public and large enterprises as well as obtaining certain subsidies.
We provide specialized legal advice on the implementation of BBBEE strategies to ensure that your business complies with the legal requirements of the various sector Codes of Good Practice. We help you to understand the BBBEE scorecard and will introduce you to the right service providers to ensure that your business obtains the appropriate BBBEE accreditation and certificate.
We have expert knowledge regarding ownership structures and its implementation, which includes: direct shareholding, share option structures, trust structures, employee share schemes (ESOP’s) and Broad Base Ownership Schemes by way of non-profit companies. We are more than willing to help you through these sensitive stages of your company's transformation process.
You will be assisted by a specialist attorney in our Commercial Department who will enable your business to implement compliance with BBBEE legislation in a sustainable way and achieve the compliance levels required for your business.