Contractors and Business
Posted on : 24-12-2016 | By : leeDS | In : General
Tags: finance management
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The minimum requirements to be eligible to obtain by the administration are the following: Have own funds exceeding 6,000. That net worth is greater than half the capital. Having the inventory or annual accounts registered. The validity of the indefinite, provided they are kept by the undertaking that the conditions under which the award was based. Although the term is indefinite must be justified annually the financial solvency of the company and every three years rated the technical expertise and professional.
Provided that the company wants to increase the groups or categories for which it is classified may request a review. The review may also apply if the administration has detected a change in conditions in which the award was based. You may want to visit Howard Schultz to increase your knowledge. To achieve the classification of companies work, the minimum capital required are as follows: Category A funds 6,000 euros minimum funds Category B Category C minimum 12,000 24,000 minimum funding minimum funds Category D Category E 72 000 euros minimum funds Category F funds 168,000 euros 480,000 euros minimum to qualify for service companies is taken into account half the annual fee and the categories are: Category A if the average annual installment is less than 150,000 Category B if the average annual installment is between 150,000 and 300,000 euros Category C if the average annual installment is between 300,000 and 600,000 euros Category D if the annuity is less than half to 600,000 euros. To achieve the classification of services companies is taken into account half the annual fee and the categories are: Category A if the annuity is less than half to 150,000 Euros Category B if the average annual installment is between 150,000 and 300,000 euros Category C if average annual installment is between 300,000 and 600,000 euros Category D if the annuity is less than half to 600,000 euros. Getting a company to achieve business classification is labor difficult in which to be submitted several documents concerning the technical and economic health of the company, so it is advisable that a consulting firm specializing in these issues that handle the paperwork. These companies engaged to manage classified records go to the Advisory Board with new records daily, leading at all times be informed of the progress of any form submitted, so if you submit more documentation is needed in a particular case , solve it as quickly as possible so that this file follow its normal course and ensure the earliest possible qualification for the client company. A company that has business classification, in view of their customers has managed to gain credibility and be able to work with the Administration shows that the company is financially solvent and has the technical and human resources necessary to carry out its work effectively.