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Real estateUpdated: 2012-09-03 10:28
Regulation code: ATVI_PROTECH_TURTVERT_01
Company qualification certificate
The certificate entitles a company to engage in property and/or business valuation activities in the Republic of LithuaniaLegislation governing the granting of the authorisation
- Order No. 179 of 19 June 2002 of the Minister of Finance of the Republic of Lithuania On the Approval of the Procedure for the Granting, Suspension, Lifting of the Suspension and Withdrawal of the Company Qualification Certificate Entitling a Company to Engage in Property and Business Valuation (Official Gazette Valstybės žinios, 2002, No. 65-2678)
- Republic of Lithuania Law on the Fundamentals of Property and Business Valuation No. VIII-1202 of 25 May 1999 (Official Gazette Valstybės žinios, 1999, No. 52-1672)
- Legal acts of the Republic of Lithuania
1. The service provider submits an application in a prescribed form and the required documents in order to obtain a certificate.
2. The service provider pays an established fee.
3. The Institute examines the submitted application and documents.
4. The Institute takes a decision to grant or refuse the authorisation.
5. A notice of granting of the certificate is published in the Official Gazette Valstybės žinios.
The Director of the Institute takes a decision to grant or refuse a qualification certificate to the company within 30 business days from the date on which the documents are submitted (as entered in the register of documentary submissions)
FeesLTL 850
Requisite details of the payeePublic Institution Auditing, Accounting and Property Appraisal Institute of the Republic of Lithuania
Company code 110065588
AB Swedbank
Settlement account LT67 7300 0100 7584 2083
Withdrawal of the authorisation
Issue of a duplicate of the authorisation
Revision of the authorisation
suspension, lifting of the suspension of the authorisation
1. Application for a certificate signed by the head of the company and bearing the seal of the company, containing the following data:
1.1. name, type, code and address of the registered office of the company;
1.2. the names and surnames of the property appraisers of the company holding qualification certificates of property appraisers, reference numbers and the dates of issue of qualification certificates, the field of valuation and the date on which an employment contract with the company was concluded;
1.3. the date of the application.
2. Certificate of Registration of the company and its copy, approved by the company.
3. Articles of Association (if any) and its copy approved by the company.
4. Third party liability insurance policy for the company and its copy, approved by the company.
5. Document confirming the payment of the fee for granting the certificate and its copy, approved by the company.
6. State social insurance certificates of property appraisers employed in the company for whom the company is their main workplace and their copies approved by the company.
Publicly available on the website
Republic of Lithuania Law on the Fundamentals of Property and Business Valuation No. VIII-1202 of 25 May 1999 (Official Gazette Valstybės žinios, 1999, No. 52-1672)
Provider and consumer dispute resolutionRepublic of Lithuania Law on the Fundamentals of Property and Business Valuation No. VIII-1202 of 25 May 1999 (Official Gazette Valstybės žinios, 1999, No. 52-1672)
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