The types of permits a company may need

On Behalf of | Jan 8, 2019 | Real Estate |

There are many different types of permits that real estate development and other companies may need. For instance, a Florida construction or contracting firm will likely need a business license to operate within the state. This permit can be obtained either from a city or county government office depending on where the business is headquartered. Furthermore, business owners and their employees themselves may need to be licensed to perform tasks for customers or clients.

In the event that sales tax should be collected on a given project, it will be necessary to obtain and remit the balance owed to the state. However, a company or contractor must first apply for a license and identification number that provides the authority to do so. Companies will need to apply for an employer identification number for federal tax purposes. In some cases, it will be necessary to apply for a similar type of number from the state.

Building permits will need to be obtained before a new building can be constructed. Permits will also likely be required in the event that an existing building is being remodeled. Depending on the type of permit being sought, it may be necessary to obtain approval prior to working on a building. The approval process could involve providing detailed plans to those who will eventually grant the permit.

Companies that operate in the real estate space tend to have many regulations to abide by. Therefore, it may be worthwhile for these organizations to have access to legal counsel whenever they need it. An attorney may be able to answer questions, help with the permit application process or provide other relevant services. This may allow a company to avoid violating state or federal law and the significant financial penalties that would result from a violation.