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Open a Company in Construction Sector in Georgia
Updated on Thursday 14th December 2017 Rate this article
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In the last decade, the activities carried out in the construction sector in Georgia have increased, as a direct consequence of the local regulations applicable to this field. In order to open a company in Georgia in the construction sector, the investors will need special permits and licenses, which are compulsory for most of the construction premises built in this country. Our team of company formation agents in Georgia can offer assistance on the main procedures that must be completed when registering a construction business. Register a construction company in Georgia
Companies operating in Georgia in the construction sector are to be registered following the regulations applicable to other types of commercial companies incorporated in this country. The process of company formation in Georgia should start by deciding on the legal entity that will represent the construction business.
Since the company is performing commercial activities, it must obtain an identification number issued by the Entrepreneurial Register and to register for value added tax at the Revenue Service.
During the registration procedure, the legal entity is required to apply for special permits and licenses issued by the competent authorities. A company registered as a construction business will need a construction permit. Depending on the type of construction project, it is important to know that the competent authority may vary and our team of company formation representatives in Georgia can offer further information on this matter.
Construction permits in Georgia
In order to start a construction project on the Georgian territory, the company carrying out the respective project is required to obtain various licenses and permits that will attest the fact that the building will respect the applicable standards, which is a compulsory requirement during the procedure of company registration in Georgia.
A construction company will need a business permit in the following cases:
• new construction;
• demolition project;
• reconstruction project.
Construction projects in Georgia are divided into five main categories. The first category (which can refer to various construction projects with a total surface of less than 60 square meters) do not necessarily need a construction permit, unless the local authorities may state so. The other four classes of buildings are required to obtain a designated permit.
Businessmen are invited to contact our team of company formation consultants in Georgia for more details on the registration of a construction business.
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Comments
Dean 2017-06-14
Your website is very interesting.