LEGAL PROCEDURES FOR REAL ESTATE APPRAISAL

• Asset conservation.

• Buying and selling or transferring.

• Fluctuation in business’s assets ownership.

• Liquidation and auction, etc.

• Tax computing and accounting, financial report.

• Investment and Capital contribution to business, equitization.

• Site Compensation and clearance.

• Justification of assets for studying abroad and bank loans, etc.

• Individual: Identity card of property owner.

• Business: Business Establishment License or Certificate of business registration or Tax registration Certificate (if any).

• Letter of attorney confirmed by local authority ((if the property required for appraisal is not of the customer’s own).

• Bank’s confirmation of keeping the originals (if assets on mortgage for bank loan).

• Certificate of land - use right and house ownership.

• Certificate of house sales.

• Sales Contract.

• Status and location map.

• Building Permit, As-built drawing.

• Declaration of registration fees.

• The Inspected minutes of Completed contruction.

• Certificate of land-use right or Decision of delivering land.

• Declaration of paying land-use right tax.

• Status and location map (if any).

• Certificate of project ownership, as built drawing, buiding drawing.

LEGAL PROCEDURES FOR MOVABLE ASSETS APPRAISAL

• Service of Financial leasing.

• Insurance

• New purchasing, building, consulting.

• Liquidation and auction.

• Tax computing and accounting, financial report.

• Investment and capital contribution to business, equitization.

• Site Compensation and clearance.

• Individual: Identity card of property owner

• Business: Business Establishment License or Certificate of business registration or Tax registration Certificate (if any).

• Letter of attorney confirmed by local authority (if the property required of appraisal is not of the customer’s own).

• Bank’s confirmation of keeping of the originals (if assets on mortgage for bank loan).

- Certificate of vehicles registration.

- Certificate of inspection.

- Certificate of insurance.

- Sales Contract (if any).

- Contract, Declaration of importing.

- Certificate of technical safety towards tank truck.

- Certificate and Checklist of technical safety.

- Minutes of testing tank technique.

- Certificate of eligibility for petrol business.

- Certificate of eligibility and standard for fire prevention and fighting.

- Certificate of technical safety inspection.

- List of property required for appraisal.

- Design drawings of line’s production process.

- Invoice/Packing list ((imported equipment machineries).

- Detail drawings (if any).

• Approved estimation for purchasing property.

• Invoice documents (in case of liquidation).

• Catalogue (if any ).

LEGAL PROCEDURES FOR BUSINESS APPRAISAL

• The result of business appraisal is the base for activities of absorption, trading, mergence, dissolution, liquidation or establishment of joint ventures, equitization...

• The result of business appraisal helps businesses to have essential methods of improving management to promote business efficiency.

• The result of business appraisal also is the base for organizations, individuals and investors to make decision of stocks investment issued by businesses on financial market.

• State Enterprises.

• Private Business.

• Joint- Stock Company.

• Limited Company

• Certificate of business registration.

• Tax registration Certificate

• Decisions, dispatches, documents related to operating model of each business.

1. The last 3 years ‘Balance sheets (for production businesses) and The last 5 years ‘Balance sheets (for service businesses) before business appraisal and at time of carrying out business appraisal (tax report if any).

2. The last 3 years ‘business achievements (for production businesses) and The last 5 years business achievements (for service businesses) before business appraisal and at time of carrying out business appraisal (tax report if any).

3. Cash flow statement.

4. Account balance at time of carrying out business appraisal.

5. Detail list of accounts:

• Cash inventory list.

• Deposit: list of deposit + collation of deposit balance.

• Short-term and long-term investments.

• Account deposits, long-term deposits.

• Long-term prepaid expenses.

• Accounts receivable.

• Accounts payable.

• Stocks.

• Tools.

• Short-term and long-term loans (the collation of loan balance).

• Long-term liabilities (the collation).

• Rate difference in payment (if any).

• Fixed assets.

6. Inventory of business assets including leasehold or assets of capital contribution for joint venture - association, assets waiting for liquidation, in no use or dead assets and using assets.

7. Detail list of long-term capital investment in other businesses (if any) such as joint venture – association capital, joint stock capital, limited company establishment capital:

• Audited financial reports of 5 years.

• Contract of contributing joint venture capital.

• Joint venture’s regulations.

• Statistics of joint venture profit since establishment.

8. Details in capital cost.

9. All of legal documents related to business property (real estate and movables).

• For land and construction projects: see LEGAL PROCEDURES FOR REAL ESTATE

• For movable asset: see LEGAL PROCEDURES FOR MOVABLE ASSETS