Rules For Construction Companies

Construction projects are erected with bricks, armored cement and other materials. Construction of infrastructure for passenger or freight transport includes the construction of roads, bridges and airports. Because all types of construction use similar construction methods, it is important to ensure that the audit covers the following:

Details of the estimates and projects for the construction of the infrastructure project should be provided to the landowner or buyer.

accessinsurancecompany.net Data on landowners’ shares - Land can be the property of many families. An agreement can be made to pay for the land, which would allow each family to own one or more apartments as a payment.

Before signing a contract, it is important to have specific details about the work involved. This includes costs.

The address of the building project is required to include the tax personal number.

Safety rules, employment contracts, and collective employment contracts

To be used data about subcontractors and to establish their responsibilities.

The budget is an additional detail about how the project was funded.

Subcontractor refers to the fact that work is performed through a contract with the supplier who provides the workers. All responsibilities in relation to the employment of individuals are held by the subcontractor, e.g. Payment of income tax and social and health insurance premiums, These payments should be included in the construction project's total calculation, based on how much work the subcontractor will perform. Subcontractors should be paid for all work performed and should have the data on invoices prepared by other parties.

What about VAT?

TVA should be charged on the work performed during a particular month. Subcontractor invoices should be sent every month. They should be standard invoices issued by tax administration approval. All invoices from any other suppliers must be received at the time of supply. When the cement, iron and bricks are delivered. are sent. You should also include other accounting data, such as purchase and sales registers. These data should be presented in the same way that bookkeeping is done, even though accounts might relate to a specific construction project.