The minimum conditions to be eligible to obtain the business classification by the administration are the following: having equity greater than 6,000 euros. That the accounting net worth is greater than half of the share capital. Having inventory book or the registered accounts. The validity of the classification of companies is indefinite, provided that are maintained by the rated company the conditions in which the granting was based. Although the term is undefined there annually justify the financial solvency of the rated company and every three years the technical and professional solvency.
Provided that the company want to increase the groups or categories for which it is rated it may request a review of the classification of companies. The review may also apply Administration if you have detected any change in the conditions under which was based said. To achieve the classification of work companies, minimum own funds required are as follows: category A minimum funding 6,000 euros category B minimum funding 12.000 euros category C minimum funds 24,000 euros category D minimum funds 72,000 euros category minimum funds 168,000 euros category F minimum funds 480,000 euros to achieve the classification of service companies is taken into account the average annuity and the categories are as follows: category A if the average annuity is less than 150,000 euros category B if the annuity average is between 150,000 and 300,000 euros category C if the average annuity is between 300,000 and 600,000 euros category D if the average annuity is equal to or greater than 600,000 euros. To achieve the classification of service enterprises takes into account the average annuity and the categories are as follows: category A if the average annuity is less than 150,000 euros category B if the average annuity is between 150,000 and 300,000 euros category C if the average annuity is between 300,000 and 600,000 euros category D if the average annuity is equal to or greater than 600,000 euros. Getting a company to achieve the business classification is an arduous task in which several supporting documents of good technical and economic health of the company should be presented, therefore it is advisable that it is a consulting firm specializing in these subjects be responsible procedures. These companies that are dedicated to manage classification records go to the Advisory Board on a daily basis with new records, what it takes to be informed at all times of the progress of any submitted printed, therefore if it makes missing present more documentation in any particular case, they resolve it as quickly as possible to keep that record its normal course and achieve the classification for the client company as soon as possible. A company that has managed the business classification, face to its customers has managed to enhance its credibility since being able to work with the Administration shows that the company is financially solvent and has the technical and human resources needed to carry out their work effectively.