Contractors generally need registration with the National Construction Authority (NCA) alongside standard business registration, and the sector runs on some of the longest and least predictable payment cycles of any industry, making the late-payment discipline in Money in, money out directly relevant.
This is a general orientation, not an exhaustive regulatory guide. Sector-specific rules change and vary by county and regulator. Confirm current requirements for your specific business with the relevant regulator before relying on anything summarised here.
Frequently Asked Questions about Construction
Do contractors need registration beyond standard business registration?
Yes, generally registration with the National Construction Authority (NCA) is required alongside standard business registration.
What cash-flow challenge is construction known for?
Some of the longest and least predictable payment cycles of any industry.