[Advice] Review of whether costs related to smart construction safety management system can be executed as safety management expenses

Safety management expenses refer to the costs that a construction company calculates for safety management and inspections at a construction site and can execute only the items that align with the purpose. Generally, ‘industrial safety management expenses’ are referred to as industrial health and safety management expenses, but under current law, both the construction technology promotion law's safety management expenses and the industrial safety and health law's safety management are stipulated.

Company A developed a system that can function as a platform for construction safety-related information and processes using Internet of Things technology at construction sites. Company A intends to develop the system by incorporating other functions for use at construction sites, and inquired whether the construction company could execute the costs of this system as safety management expenses in this case as well.

Law firm Veat reviewed all related construction technology promotion law, industrial safety and health law, and the government ministries’ authoritative interpretations thereof to provide an opinion on the feasibility of execution.

Thank you.

Law firm Veat