Processing, extension, and maintenance
Bussiness Classification is a facilitator of the tender procedure. Thanks to it, you can accredit technical and business solvency with a single document; and also some other issues such as the granting of powers to your representative, certifications of being up to date with the administratios –either Social Security, national Treasure, and regional Treasure–.
Public Administration stands for Local, Regional, or State Administration, as well as for all their depending public agencies.
To obtain Business Classification is mandatory:
- Being up to date with Social Security payments.
- Have no debts payable to the Tax Agency.
- Have a net worth, capital company must be over 15,000 €, and accumulated losses must not let it below its 50%.
There are two main Business Classification groups, namely Construction and Services. Business classification is mandatory for Construction contracts over 500,000 €. For the rest of contracts, classification is the easiest and fastest way to accredit ellegibility for public contracts, certification of personality, ability to act, representation, proffessional or business entitlement, economic/financial and technical/professional solvencies, and many others.