When renewing a construction license once every five years, it is essential that a report (notification of change in financial statements) be completed for each business year. The legal deadline is to complete procedures within four months after the end of each business year, but in reality, there are no penalties, so many businesses complete procedures for five years at once just before renewal procedures. However, as a recent trend, companies are becoming stricter about delays in reporting (notification of changes in financial results) each fiscal year. Haven't you been in a situation where you haven't done anything since the last update? We recommend that you take action immediately.
