Add to favorite
 
123
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa


How to Check Your Russian Counterparty: Analysis of Informal Data about the Counterparty's Activities
September 5, 2020 20:19

(Source: http://blog.notisend.ru/validation)

In order to protect itself from all possible risks in the conduct of business activities and claims from the tax authorities, the company should take several steps to conduct an audit of the counterparty. Verification is usually carried out in four stages:

Stage 1. Analysis of data from the Internet resources of official bodies

Stage 2. Analysis of the package of documents

Stage 3. Analysis of informal data about the counterparty's activities

Analysis of informal information gives a certain idea of the business reputation of the counterparty and its good faith. Its source can be primarily the website of the company, the websites of its partners and the websites of industry unions and associations where the counterparty is a member. A minimum of information on these sites may indicate that the company is not just unscrupulous, but also belongs to the so-called fly-by-night firms.



Good results are obtained by studying reviews of the company's activities (if any on the Internet) or personal conversations with the counterparty's partners. On the websites of serious companies you can always find a list of their clients.

Personal meeting with the management of the counterparty


To make a final decision on cooperation, as well as to sign a contract or conclude a deal, it is better to meet with the management in person. Firstly, this will help to make sure that the head of the company really exists and is exactly the one indicated in the documents, and secondly, transactions concluded in absentia or by mail raise reasonable suspicions from the tax service.

Stage 4. Assessment of test results and possible solutions

Russia-IC has developed mechanisms for checking the conscientiousness of counterparties, including inquiries and analysis of the necessary documentation, as well as a study of the Internet environment. We guarantee the reliability and accuracy of the information collected.




Author: Anna Dorozhkina

Tags: Check Your Russian Counterparty Russian laws    

Next Previous

You might also find interesting:

X5 Retail Group Became a Market Leader FIFA Russia: Pick up the Perfect Location for the First Photo in Moscow Foreign Cars vs. Russian Car Manufacturers Ministry of Economic Development Predicts Economic Fall Zavgorodnyaya Case to Go to ECHR









Comment on our site


RSS   twitter      submit



TAGS:
Russian legislation  Kirov  Kirill Lavrov  Marlen Khutsiev  Samara  Karachay-Cherkessia  Russian aviation  Alexander Golovin  Russian Film Distribution  Russian Banya  Sergey Obraztsov  Yelets  Pyotr Kotov  Universiade  Russian business  Sochi Paralympics  Kabardino-Balkaria  Sergiyev Posad  Mercedes-Benz Fashion Week Russia  Russian tourism  Eurovision  Irkutsk  Charity  Leo Tolstoy  St. Petersburg  Russian economy  Moscow Museums  Naryn-Kala  Evgeny Malkin  Russian science  Pskov Region  Russian broadcasting  Izhevsk  Russian circus  Russian Cinema  Moscow  Yaroslavl   Krasnodar Territory  Nizhny Novgorod Region  Silicon Valley  Vitaly Komar  University Rating  Russian scientists  Bike rent  Karelia   Serpukhov  Flowers Ban  Russia Travel Tips  Exhibitions in Moscow  Irkutsk Museums 


Travel Blogs
Top Traveling Sites