The BRC Legal & BEE status
The Business Resource Centre is a Section 21 Not for Profit Company.
Our registration number is: 2002/013281/08
Our VAT No is: 4910227430
Section 21 refers to the section of the Companies Act that deals with non-profit companies. A Section 21 company operates with the purpose of helping people, the environment etc and not for making a profit. If any profit/surplus is made, it is used to fund the expenses of the Section 21 Company in the coming year.
BEE status – as the turnover of the BRC is under five million, the BRC is a Level 4 contributor
As per our constitution, Learn to Earn holds an annual report-back meeting at which The BRC's Financial Statements are presented.