How to verify your Chinese Partners, Suppliers or Buyers?
A lot of foreigner businessmen are always confused by the business registration of Chinese Companies, and find it really difficult verifying the business license of them. Hereafter are some tips that may help you prevent from fraud or scammers.
1. Check their contact information
In order to avoid being traced by law enforcement authorities, most scammers will not offer genuine registration information online. They will provide a false company address, telephone number and fax number or persuade buyers to contact them by mobile phone only. Check their company registration information by search engine to see if it is a real company.
2. Check their company registration number
Legal companies in China have to register with the Chinese government authorities and obtain a unique company registration number. If your business partner cannot offer you a unique company registration number, it is risky to deal with them. To check the registration number your supplier provided, you need to visit their local administrative government website with the number they provided. However, you should be aware that most government websites in China are in written Chinese. You can also contact their local Bureau of Industry & Commerce, which is the only government organization responsible for the registration of legitimate companies or enterprises in China. You can ask friends in China to help you verify this company. You can also use a third-party authentication service company in China to help you verify information.
3. Incredibly low prices
Most Chinese scammers will lure buyers with very low prices. If the prices they offer are too good to be true, you should investigate why their prices are so low. Most scammers in China make a profit by selling replicas or fakes of branded goods to overseas buyers. This is very risky because the goods will be confiscated or detained by Chinese customs if they are considered illegal in China.
4. Payment and shipment terms
The scammers never accept L/C as a term of payment. They prefer Western Union, and T/T etc. They also never deliver goods through formal channels; preferring instead to deliver samples Express by Fedex, TNT, EMS to avoid examinations from Chinese customs.
5. Warranty and after-sales services
Scammers never guarantee their quality and after-sales services after your payment. However, they may promise you a lot before payment.
China Orient Credit Information Services CO., Ltd is a professional and local supplier of credit reporting services in China; If you need more help or information regarding this issue, please feel free to contact us, and we will reply to you as soon as possible.
E-mail: steven(AT)orientcredit.com
Skype: ask.steven
Tel: 86-755-36921420
Fax: 86-755-61624269
P. R. China Official Business Registration No.: 440306104469452
The Following 2 Users Say Thank You to chinacredit For This Useful Post:
deniser (8th February 2010), pauldla (8th February 2010)
I have seen a website somewhere which allows you to hire people in china (professional probably) to visit physical offices of the company which you wish to work with. They do all the checks and basically can tell you how legitimate the company is. Never used it though.
I have seen a website somewhere which allows you to hire people in china (professional probably) to visit physical offices of the company which you wish to work with. They do all the checks and basically can tell you how legitimate the company is. Never used it though.
i was looking into linkchina.com a while back but i was to nervous about making an order as i just get a dodgy feel from it, and the people who survey the company you are wanting to purchase could get a back hander to give good info.
in general i think you take the risk buying from china without getting on a plane and meeting them face to face.
I have seen a website somewhere which allows you to hire people in china (professional probably) to visit physical offices of the company which you wish to work with. They do all the checks and basically can tell you how legitimate the company is. Never used it though.
That might have been us, perchance...?
Useful post by the OP, btw.
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Last edited by pauldla; 8th February 2010 at 14:44.
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