Guidelines for estimating the total value of intangible assets of enterprises requiring valuation in Vietnam

The following Vietnam’s Valuation Standards stipulates and guides the valuation of an enterprise in accordance with the legal provisions on valuation.

Guidelines for estimating the total value of intangible assets of enterprises requiring valuation in Vietnam

The value of the intangible assets of the enterprise to be valued is calculated by the total value of identifiable intangible assets and unidentifiable intangible assets.

The intangible assets of the enterprise to be valued include intangible fixed assets that have been recorded in the accounting books, other intangible assets that meet the conditions specified in the Vietnam’s Valuation Standardss on Intangible Asset Valuation, and unidentifiable intangible assets.

The total value of the intangible assets of the enterprise to be valued is determined through one of the following methods:

** Method 1: Estimate the total value of the intangible assets of the enterprise to be valued by estimating the value of each identifiable intangible asset and the value of unidentifiable intangible assets (remaining intangible assets).

The determination of the value of each identifiable intangible asset is performed in accordance with the provisions of the Vietnam’s Valuation Standardss on Intangible Asset Valuation. The value of land use rights and land lease rights is determined in accordance with the Vietnam’s Valuation Standardss on the market approach, income approach, and real estate valuation.

** Method 2: Estimate the total value of the intangible assets of the enterprise to be valued through capitalizing the profit stream generated by all intangible assets for the enterprise to be valued.

See detailed contents at Circular 36/2024/TT-BTC effective from July 01, 2024.

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