Official letter no. 3898 issued on 7 december 2012 by general department of replying on vat tax rate for general contractor fee.
In case company is general contractor for the construction of a number of works in the form of construction and installation general contractor or contractor complex (general operations of the contractors), construction units negotiate with each other to pay 1% of total work value for the general contractor. When the general contractor receives 1% of total work value, the Company has to issue VAT invoice at the VAT tax rate of 10% as prescribed by the law.
