Real Estate

Real Estate Business

  • Individual who are practicing or intend to practice as a Property Valuation or Estate Services shall apply to the Department of Real Estate Business of the Ministry of Economic & Finance for the Professional Certificate.
  • Property Valuation Company or Estate Agent that is practicing or intend to practice as a Property Valuation Company or Estate Agent shall apply to the Department of Real Estate Business of the Ministry of Economic & Finance for the License.

Type of Business License consisting as bellows:

  • The License to Property Valuation Company

The License to Estate Agent

  • Property Management Service Company

Type of Professional Certificate consisting as bellows:

The Professional Certificate of Property Valuation

The Professional Certificate of Estate Agent

Note:

  • The Business Licenses and all kind of Professional Certificates will not allow to sub-transfer or sale to the third party as stimulated in Article 7 of Declaration No. 636 SHV dated June 29, 2017.

Legal Procedure

  • First Stage: Company Establishment with Ministry of Commerce,
  • Second Stage: Submit to General Department of Taxation for Patent Tax,
  • Third Stage: Submit to Department of Real Estate Business of Ministry of Economic & Finance for License & Professional Certificate.

 

Resources: Declaration No. 636 SHV dated June 29, 2017 of the Ministry of Economic & Finance.

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