The profession of authorized evaluator

Acquisition of the right to temporarily/occasionally practice the valuation profession

In compliance with Art. 28 paras. (5)-(8) of the GO no. 24/2011, valuers, either natural or legal persons, who are citizens or, respectively, nationals of an EU Member State, an EEA Member Country or, respectively, The Swiss Confederation, may temporarily or occasionally exercise the authorized valuation profession.

The temporary exercise of the valuation profession may not be longer than 3 months.

The occasional exercise of the valuation profession is understood as a single, specific valuation assignment, to be indicated in the application.

Together with the right to the temporary/occasional exercise of the valuation profession, the successful applicants also acquire the duties attached to the profession, as provided for in the GO no. 24/2011.

In order to be able to exercise the profession either temporarily or occasionally, the applicants who comply with the requirements provided for, will be issued a certificate granting them such a right, but they will not receive the ANEVAR membership ensigns or be held by the duty to pay the annual membership fee.

Should one person apply several times in one year, the person must meet the application requirements every time.

Requirements and application file for natural persons to temporarily/occasionally exercise the valuation profession

Natural persons may temporarily or occasionally practice the valuation profession, provided they have cumulatively met the following requirements:

• they are citizens of an EU Member State or an EEA Member Country/The Swiss Confederation;
• they provide evidence that they are entitled to practice the valuation profession in an EU Member State or an EEA Member Country/The Swiss Confederation, in compliance with the legislation in their country of residence.

The application file in order to be registered in the Tables of the Association must comprise the following documents, in their legalized Romanian translation:

• filled out and signed standard registration application form;
• evidence in support of their EU Member State or EEA Member Country/The Swiss Confederation citizenship;
• a certificate issued by the competent authority of an EU Member State, or, respectively, an EEA Member Country/The Swiss Confederation showing that the citizen of that state/country is rightfully entitled to practicing the valuation profession;
• a certificate showing that the applicant is rightfully established in the Member State/country of residence for the purpose of practicing the valuation profession;
• a document issued by the competent authority of the EU Member State, or, respectively, the EEA Member State/The Swiss Confederation showing that at the date of its issuance, i.e. within 30 days before the submission of the application file for registration, the citizen of that state/country has not been banned, even for a limited time, to practice the profession;
• a statement regarding the valuation services that will be delivered by that person, i.e. asset valuation, business valuation, valuation of goodwill and other intangible assets, of personal property, of shares and of other financial instruments;
• proof of the payment of the registration fee, as per the amount established by the Board of Directors.

Natural persons who acquire the right to exercise the valuation profession are held by the duty to complete 20 hours of professional education within 3 months from their registration in the Tables.

The application file will be sent in the following ways:

• By postal services to the following address: no.7 Scărlătescu, 1st District, 011158, Bucharest;
• Via email at contact@anevar.ro.;
• Through – PCUe https://edirect.e-guvernare.ro/SitePages/landingpage.aspx.