by Matt Slater
15 October 2013
Avoiding China fraud can often be achieved simply by carrying out basic research on a Chinese company before committing to doing business with them and before any financial transactions have taken place.
Just as in any other country, fraudsters and scammers exist in China and are only too willing to deceive you and your company.
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by Matt Slater
08 October 2013
Checking a China company address is a basic but important part of your due diligence process.
Finding out where the company is official registered can help identify any red flags, such as the company being located in a totally different location to the one they told you.
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by Matt Slater
08 October 2013
You should find out where a Chinese company is located and assess the implications of this before doing business with them. Climate, economy and transport options will all be significant. We would advise you to try and independently verify the location of a Chinese company, rather than accepting their claimed location at face value.
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by Matt Slater
08 October 2013
Without knowing if the Chinese company you’re dealing with is located in a first-tier city, second-tier city or even a rural area, you won’t be able to include any of these issues in your considerations. Because of that, it’s a good idea to confirm where a Chinese company is located and do a little research.
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by Matt Slater
30 September 2013
When you’re doing business with a company in China, one of your most basic concerns may be “is this Chinese company real or not?”.
In Mainland China all companies must be registered with the authorities and hold a valid business license. This is how we define whether or not a company is “real”.
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by Matt Slater
30 September 2013
If you check the business license of a Chinese company, you will see there is a field called “Incorporation Form”. Note that we’re talking about a Chinese term here (公司类型 – Gōngsī Lèixíng) – you could translate it into English in various ways, including “company category” or “business type”.
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by Matt Slater
30 September 2013
When you’re buying products from a Chinese company, a common issue is whether you’re dealing directly with a China trading company or with a factory.
This is because many such trading companies in China will be ‘unclear’ at best regarding the issue of who they actually are.
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by Matt Slater
30 September 2013
Understanding the role of a China company legal representative and finding out who holds the position in the business you are working with can be very important when dealing with Chinese companies.
This article will tell you how to find out the name of a Chinese company's legal representative, but before we get to that it is important to be clear on what exactly a China company legal representative does and is responsible for.
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by Matt Slater
30 September 2013
Finding out when and where a Chinese company registered is a basic step in checking that they’re a legitimate company you want to do business with. This simple check can be a very easy way to raise red flags in situations.
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by Matt Slater
30 September 2013
When you’re considering doing business with a Chinese company, it’s important to check when their business license expires. This is stated on the business license as the ‘period of operation’ with a start and end date.
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by Matt Slater
27 September 2013
One of the basic checks you may make about a Chinese company is to look up how much capital it was registered with. Proving a substantial amount of allocated capital is a requirement for registering a business in China, with the aim of ensuring that the company will be adequately funded and able to operate as described.
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by Matt Slater
27 September 2013
The business scope of a Chinese company lists the services that it is legally permitted to provide according to its business registration.
Inversely, a company is specifically prohibited from producing anything or offering any services not specifically described in its business scope.
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