Procedure for re-issuing Certificate of Valuation Service Business

Re-issuing Certificate of Valuation Service Business is a mandatory procedure for valuation enterprises when there is a change in the content of the certificate or the certificate is lost or damaged. This process includes preparing documents, submitting them to the Ministry of Finance and waiting for approval within 15 working days. The article below will provide detailed instructions on the steps to carry out the procedure to re-issue this certificate.

In what cases is it necessary to re-issue the Certificate of valuation service business?

According to the provisions of Clause 2, Article 49 of the Price Law 2023, price appraisal enterprises need to carry out procedures to re-issue the Certificate of price appraisal service business in the following cases:

• The certificate is lost, torn, burned or the information changes compared to the information on the certificate of eligibility to conduct business in price appraisal services,

Re-issuance of the Certificate helps businesses update new information and ensure legality to continue operating the valuation service business. Enterprises need to proactively carry out re-issuance procedures as soon as the above changes occur to avoid legal risks.

Procedures for re-issuing Certificate of Valuation Service Business

Profile components

According to Clause 2, Article 5, Section 2, Chapter II, Decree 78/2024/ND-CP, effective from July 1, 2024, the application for re-issuing Certificate of Valuation Service Business includes:

1. Application for issuance or re-issuance of certificate of eligibility to conduct business in price appraisal services according to Form No. 05 is specified in the Appendix Decree 78/2024/ND-CP;
2. Copy of business registration certificate; Copy of branch registration certificate in case the enterprise requests to have a branch of the enterprise appraise the price;
3. List certified by the enterprise of capital contributing members, shareholders who have price appraiser cards registered to practice at the enterprise, capital contributing members, shareholders who are organizations or a valid electronic copy of this List in case there is no information about the list of capital contributors and shareholders in the business registration certificate;

• In case of request for re-issue only because the certificate of eligibility to conduct business in valuation services is lost or torn, the documents in sections 2 and 3 above are not required;
• Original certificate of eligibility to conduct business in price appraisal services that has been issued in case of request for re-issue due to change in business information in the certificate or the certificate is torn; A declaration of the reason for the loss of the certificate and a commitment to take responsibility for the accuracy of the declared content or a valid electronic copy of this declaration in case of request for re-issuance due to the certificate being damaged. lost;
• Authenticated copies or valid electronic copies of documents proving the change in business information in the certificate in case of request for re-issuance due to changes in business information in the certificate;
• Practice registration documents as prescribed in Article 3 of Decree 78/2024/ND-CP of people with price appraiser cards related to the re-issuance of certificates of eligibility to conduct business in appraisal services valuation (if any).

Enterprises need to prepare a complete set of documents with the above components. Preparing complete and accurate documents will help the appraisal and re-certification process go smoothly and quickly.

Implementation process

According to Article 6, Section 2, Chapter II, Decree 78/2024/ND-CP effective from July 1, 2024, the process of re-issuing Certificate of Valuation Service Business is carried out as follows:

Step 1: Make a profile

Enterprises submit a complete and accurate application for re-issuance of the Certificate to the Ministry of Finance (Price Management Department) through the One-Stop Department of the Ministry of Finance. Applications are submitted by one of the following methods:

• Postal services;
• Submit directly or via online public services.

Application submission time: 10 days from the date the certificate of eligibility to conduct business in valuation services is lost, torn or the information changes compared to the information on the certificate of eligibility to conduct business in appraisal services price, business;

Step 2: Pay fee: 2,000,000 VND/re-issue.

Step 3: Appraisal and re-issuance of Certificate

Within 15 days from the date of receipt of 01 set of documents:

• In case the dossier is incomplete or has inaccurate content, the Ministry of Finance shall guide the enterprise to supplement and complete the dossier in writing or through online public services. Enterprises are responsible for supplementing and completing the dossier and sending it to the Ministry of Finance within 10 days from the date the Ministry of Finance instructs to supplement and complete the dossier. At the end of the above time limit, if the enterprise has not fully supplemented the dossier, the Ministry of Finance shall notify the enterprise of non-issuance or re-issuance in writing or through an online public service;
• In case the documents show that the enterprise is not eligible to issue or re-issue a certificate of eligibility to conduct business in price appraisal services, the Ministry of Finance shall notify the enterprise in writing or notification of the reason for not granting or re-issuing the certificate. through online public services;
• In case the documents show that the enterprise is eligible to issue or re-issue a certificate of eligibility for business in price appraisal services, the Ministry of Finance shall issue and re-issue a certificate of eligibility for business in price appraisal services according to Form No. 06 is specified in the Appendix attached to Decree 78/2024/ND-CP.

Particularly in cases where the price appraisal enterprise requests re-issuance just because the certificate of eligibility to conduct business in price appraisal services is lost or torn; Within 05 working days from the date of receiving 01 set of valid documents, the Ministry of Finance will re-issue the certificate of eligibility to conduct business in price appraisal services according to Form No. 06 is specified in the Appendix attached to Decree 78/2024/ND-CP.

Enterprises need to pay attention to following the correct process and prepare complete documents to be considered for re-issuing Certificate of Valuation Service Business quickly and on time.

Consulting services and support for re-issuing Certificate of Valuation Service Business

To ensure that the process of re-issuing Certificate of Valuation Service Business goes smoothly, businesses can consider using our professional consulting services. Long Phan’s services include:

• Consulting on conditions and procedures for re-issuing Certificate of Valuation Service Business.
• Support in preparing complete and accurate documents according to regulations.
• Business representatives submit applications and monitor the processing process.
• Explain and supplement documents at the request of competent authorities.
• Receive and return results to customers.

The process of re-issuing Certificate of Valuation Service Business requires businesses to prepare complete documents and comply with the correct procedures. For detailed support about this process, customers can contact the hotline 0906735386 for free consultation. Long phan is ready to assist you in completing your documents and carrying out procedures to re-issue the Certificate quickly and effectively.