Is there a Minimum Net worth Requirement for Licensure in Georgia?

A General Contractor Individual does need a minimum net worth of $150,000, as for a General Contractor Limited Tier Individual, limited by their need to have a minimum network of $25,000. If you are applying as the qualifying agent, the net worth must be under the business name. Anything lower than a general contractor would not need a net worth.

What are the Net worth of each License

  • General Contractor Individual- applications need a minimum net worth of $150,000 to show they are bored when applying for their license.
  • General Contractor Limited Tier Individual- applicants who want the limited their need a minimum of $25,000

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