Conditions for grant of certificates of eligibility for valuation services in Vietnam as of July 1, 2024

Currently, according to Article 39 of the Law on Prices 2012, the conditions for granting the eligible certificate of business price appraisal service in Vietnam are as follows:

- One-member limited liability companies when requesting for grant of the eligible certificate of business price appraisal service must have full the following conditions:

+ Having Certificate of Business registration, certificate of Enterprise registration or certificate of investment as prescribed by law;

+ Having at least 03 appraisers on prices registering practice in such enterprises, and among them must have a member is owner thereof;

+ The legal representatives, Directors or general Directors of one-member limited liability companies must be price appraiser registering practice in such enterprises.

- The limited liability companies with two or more members when requesting for grant of the eligible certificate of business price appraisal service must have full the following conditions:

+ Having Certificate of Business registration, certificate of Enterprise registration or certificate of investment as prescribed by law;

+ Having at least 03 appraisers on prices registering practice in such enterprises, and among them must have at least 02 member making capital contributions;

+ The legal representatives, Directors or general Directors of limited liability companies with two or more members must be price appraiser registering practice in such enterprises.

+ The contribution capital of members being organization shall not exceed the level of contribution capital stipulated by the Government. The representative of member being organization must be price appraiser and register practice in such enterprise.

- Partnerships when requesting for grant of the eligible certificate of business price appraisal service must have full the following conditions:

+ Having Certificate of Business registration, certificate of Enterprise registration or certificate of investment as prescribed by law;

+ Having at least 03 appraisers on prices registering practice in such enterprises, aomong that at least must have 02 General partners;

+ The legal representatives, Directors or general Directors of Partnerships must be price appraiser registering practice in such enterprises.

- Private enterprises when requesting for grant of the eligible certificate of business price appraisal service must have full the following conditions:

+ Having Certificate of Business registration, certificate of Enterprise registration or certificate of investment as prescribed by law;

+ Having at least 03 appraisers on prices registering practice in enterprises, and among them must have a member is owner of Private enterprises;

+ Director of Private enterprises must be price appraiser and register practice in such enterprises.

- Joint-stock companies when requesting for grant of the eligible certificate of business price appraisal service must have full the following conditions:

+ Having Certificate of Business registration, certificate of Enterprise registration or certificate of investment as prescribed by law;

+ Having at least 03 appraisers on prices registering practice in such enterprises, aomong that at least must have 02 Founding shareholders;

+ The legal representatives, Directors or general Directors of Joint-stock companies must be price appraiser registering practice in such enterprises.

+ The contribution capital of members being organization shall not exceed the level of contribution capital stipulated by the Government. The representative of member being organization must be price appraiser and register practice in such enterprise.