Many businesses have lost billions of VND in loan deals, fundraising rounds or ownership transfers simply because their real value was misjudged. At the same time, plenty of "ultra-cheap" valuation providers deliver certificates that lack credibility, rely on inaccurate market data and are difficult for banks or partners to accept.
So how much does business valuation cost today? What factors does it depend on? And how can a business choose a valuation provider that both optimizes cost and ensures the companys value is assessed accurately against the market?
The article below will help businesses understand the latest 2026 business valuation price list, along with important considerations before hiring a valuation service.

How much does business valuation cost?
The cost of business valuation today typically ranges from a few million to several hundred million VND, depending on the size of the business, the purpose of the valuation, the industry and the complexity of the financial records. For businesses undergoing M&A, IPO, equitization or bank loan procedures, valuation costs tend to be higher due to the need for in-depth financial, asset and market analysis.
Amid growing competition, choosing a reputable valuation provider not only helps a business optimize costs but also strengthens its ability to secure loans and raise capital, while adding value in important transactions.
What is business valuation?
Business valuation is the process of determining a companys actual value at a specific point in time by analyzing:
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Tangible assets
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Intangible assets
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Cash flow
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Revenue
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Profit
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Brand value
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Market share
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Growth potential
This work is typically carried out by professional valuation providers to support:
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Mergers and acquisitions (M&A)
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Equitization
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Investment fundraising
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Bank loans
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IPOs
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Capital contribution in the form of assets
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Financial dispute resolution
When does a business need a valuation?
A business should carry out a valuation in the following situations:
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Preparing to raise capital
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Transferring ownership of the business
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Buying or selling shares
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Restructuring the business
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Mobilizing bank capital
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Determining the value of assets contributed as capital
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Equitizing the business
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Preparing for a stock listing
A professional valuation certificate helps increase transparency and build credibility with investors, partners and credit institutions.
How is the cost of business valuation calculated?

There is no fixed price for business valuation services. Typically, the cost is determined based on:
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The size of the business
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Asset value
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The purpose of the valuation
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The complexity of the records
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The industry
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The timeframe for completion
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The number of assets to be appraised
Some providers may charge based on:
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Service package
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Volume of documentation
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A percentage of the businesss value
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The depth of the report
Factors affecting the cost of business valuation
Business size
The larger the business - with more branches, more assets or subsidiary companies - the greater the volume of analysis required, which leads to higher costs.
Purpose of the valuation
Valuations for:
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M&A
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IPOs
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Fundraising
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Equitization
typically require a more in-depth process than a standard valuation for a bank loan.
Financial and legal records
Businesses with complete, transparent records help save processing time and optimize service costs.
Industry characteristics
Industries such as:
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Real estate
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Construction
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Technology
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Manufacturing
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Finance
tend to have more complex asset structures and cash flows, requiring a more in-depth analysis process.
Required time frame
If a business needs an urgent certificate, costs may increase due to the need to prioritize resources for faster processing.
Reference business valuation price list for 2026
|
Business type |
Reference cost |
|
Small business |
From 2 – 20 million VND |
|
Medium business |
From 20 – 50 million VND |
|
Large business |
From 50 million VND and up |
|
M&A, IPO valuation |
Quoted based on documentation |
|
Businesses with extensive assets |
Custom quote |
Note: Actual costs depend on the documentation, the purpose of the valuation and the complexity of each business.
Why shouldnt you choose an overly cheap valuation service?

Many businesses choose low-cost services to save money, but this can lead to:
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Certificates lacking legal validity
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Valuations that dont reflect the market
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Inaccurate data
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Difficulty gaining bank approval
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Negative impact on the loan or fundraising process
A professional valuation provider needs to ensure:
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A team of experienced valuers
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A large market-data system
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Standardized legal processes
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Transparent, accurate reporting
Criteria for choosing a reputable business valuation company
When choosing a valuation provider, businesses should prioritize one that has:
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A legitimate operating license
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Experience handling many large-scale cases
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A highly qualified team
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Fast survey support
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Transparent pricing
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Certificates that meet legal standards
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Broad understanding across multiple business sectors
Businesses should also research the providers actual track record and customer feedback before engaging their services.
Business valuation services at Hoang Quan Appraisal
Hoang Quan Appraisal is a reputable valuation provider with many years of experience in:
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Equitization valuation
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M&A valuation
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Investment project valuation
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Business asset valuation
With a team of experienced experts and a continuously updated market-data system, Hoang Quan Appraisal helps businesses:
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Determine a value that accurately reflects the market
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Optimize loan documentation
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Support investment fundraising
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Issue certificates quickly
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Ensure full legal compliance

Conclusion
The cost of business valuation depends on many factors, including the size of the business, the intended use of the certificate, the type of asset and the complexity of the documentation. However, instead of focusing solely on finding the lowest price, businesses should choose a reputable valuation provider to ensure accurate, transparent results with strong legal validity.
If your business needs a valuation for a bank loan, investment fundraising, M&A, equitization or determining company value, contact Hoang Quan Appraisal today for in-depth valuation consulting, fast surveys and transparent pricing nationwide.
Hoang Quan Appraisal Company Limited
Address: Hoang Quan Appraisal System
Phone number: 0934.252.707
Email: contact@sunvalue.vn
Facebook: Hoang Quan Appraisal
Website: hqa.com.vn
