Broad-based ownership schemes
When done right, broad-based ownership schemes are a great way of improving your BEE scorecard while enabling true broad-based empowerment at grass roots level.
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Tailored broad-based ownership solutions
- Strategically assess scheme options
- Target an optimal scheme structure for your business
- Collaborate with your legal advisors, or have our attorneys draft robust legal documents
- Engage with your BEE verification agency
- Support liaison with the BEE Commission
Broad-based ownership scheme Practice Note
Following much uncertainty regarding the feasibility of broad-based ownership, the Department of Trade, Industry and Competition (DTIC) issued a Practice Note which affirmed that:
- Broad-based ownership schemes and other collective enterprises are feasible
- Discretionary schemes are allowed
- Classes of natural persons can be used
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Resources
ESOP - Achieving BEE Ownership Through Employee Ownership
BEE Ownership, Employee Ownership (ESOP), Competition Commission, Multinational BEE
January 8, 2024
BEE Ownership for Multinationals - An Introduction
BEE Ownership, Employee Ownership (ESOP), Multinational BEE
January 8, 2024
BEE Ownership & Competition Commission: Public Interest Considerations
BEE Ownership, Employee Ownership (ESOP), Competition Commission
January 8, 2024