Contractors Reporting Services (CRS) is a Tampa, FL-based company with more than 50 years of experience assisting local businesses to navigate a general contractors’ license. Florida general contractor license requirements are far easier with the knowledgeable CRS team on board, including handling employment documents, building permits, taxes, incorporation, and more.
Florida General Contractor License Requirements—Five Steps to Add Additional Businesses
If there’s a need to add a business to an existing license, the process is simple. Follow these five easy steps to sail through the Tampa, Florida general contractor license requirements:
Step 1: Apply for Approval
An additional business requires submission of the State of Florida’s accompanying application for approval. It involves several pages of dense information, and an experienced service like CRS makes the process much quicker. A successful application is crucial to expanding the license to other business interests, and thorough preparation goes a long way.
Step 2: Pay Fees
Those looking to incorporate an additional business entity into their FL contractors’ license must also pay a fee to the Department of Business and Professional Regulation. The application fee changes often, depending on the time of year or state regulations.
Step 3: Submit Credit Reports
As part of the Florida contractors’ license application process, interested parties must submit multiple credit checks:
- One applicant credit check (including a FICO score)
- One credit check on the applicant’s currently qualified business
- One credit check on the applicant’s proposed business
If the applicant’s FICO score is under 660, the Florida contractors’ license requirements state that extra information will be necessary. The applicant to the general contractors’ license in Florida must then obtain additional proof in the form of a credit line, an irrevocable letter, or a verified bond.
Step 4: Record Fingerprints
Incorporating an additional business entity under an existing FL contractors’ license is simpler. The applicant must submit electronic fingerprints and go through a background check. A helpful electronic fingerprint live scan provider is available through Florida’s Department of Law Enforcement website.
Step 5: Provide Proof of Insurance
Before final approval, the Florida contractor license requirements state that applicants must acquire proof of several types of insurance. It may include public liability insurance, property damage insurance, and workers’ compensation insurance. The board hearing and approving the application determine the required coverage minimum.
An existing general contractor license in Florida will have up to thirty days after approval to obtain workers’ compensation insurance. Applicants can also choose to file an exemption but must provide this proof within thirty days of approval.
About CRS
Like many Florida contractor license requirements, the process of adding a new business or entity to an existing FL contractor license might be tedious. However, the CRS team’s knowledge and experience are invaluable in acquiring a general contractor license. Florida is a great place to work with the right team, and the CRS service is proof that all businesses work better within a support network.
A license holder ready to incorporate an additional business entity or learn how to become a contractor only needs five easy steps to navigate the Florida general contractor license requirements. Contractors Reporting Services is available to answer calls at (813) 532-5244 or by email at info@activatemylicense.com.
CRS works Monday through Friday from 9 AM to 5 PM from their offices at 13795 N Nebraska Ave Tampa, FL 33613.
)
)
Walang komento:
Mag-post ng isang Komento