Before starting cooperation with any company, any enterprise should competently check this company to make sure its reliability, stability and solvency. In this case, you can protect yourself from fraudsters or potential bankrupt. How to check the company for reliability? To do this, you can use various methods, but methods offered on the Internet are considered more and more popular, which allow you to get reliable and relevant information completely free and fast.
Why is verification necessary?
Checking the reliability of the company is a must for every company. This process is carried out until the conclusion of the contract and the start of cooperation. With it, you can achieve several goals at once:
- inspections by employees of the Federal Tax Service are prevented, since if the counterparty turns out to be a one-day company, then the tax authorities shall, on the basis of the provisions of Article 54.1. Tax Code may hold accountable all companies that have entered into contracts with it;
- it is revealed whether the potential partner is on the verge of bankruptcy, since if his solvency is low, then it is likely that he will not be able to fulfill obligations under the drawn up formal contract;
- the company will be able to protect itself from fraudsters who, with the help of a shell company, can deceive partners.
Many companies do a personal dossier for each counterparty. It includes all information obtained as a result of verification. If in the future the counterparty is held accountable by the Federal Tax Service, the tax inspectorate will not be able to punish another company, as it will be able to prove with the help of a dossier that it has previously carried out a full audit of a potential partner.
Therefore, verification of counterparties should be carried out annually. Not only new partners are studied, but also companies with which long-term cooperation has already been established. In this case, you can quickly respond to various changes in the work of firms.
How to check the company for reliability?
You can use different methods for this. The most commonly used methods are:
- through the official websites of various government organizations, which include the Federal Tax Service, Rosreestr or other institutions;
- using official inquiries to the Federal Tax Service, which are transmitted in paper form;
- when attracting special agencies involved in compiling dossiers for different companies;
- using special sites on the Internet that allow you to get the most information about the work of any organization;
- obtaining information as a result of studying various reviews on the Internet.
All of the above methods are simple and straightforward. If you contact the specialized organizations that, as a result of cooperation, make up a complete dossier, their services will be expensive.
The study of information from the register
How to check the company for reliability by TIN? To do this, it is advisable to refer to the official website of the Federal Tax Service, where an electronic extract from the register is ordered. To obtain information, the following information about the company being audited must be entered:
- TIN, which can be replaced by OGRN;
- company name;
- if the IP is checked, then its TIN and full name are indicated
An extract is provided on the day of appeal, if an electronic document is required. With its help, you can find out the following information:
- date of registration of the company or individual entrepreneur;
- information about the founders and official representatives;
- main directions of the company;
- the legal address is checked, which can then be checked for mass character, since if many companies are registered at the indicated address, this is a sign of a one-day company, therefore it is recommended to refuse cooperation with such an enterprise;
- compares the legal address with the actual place where the company operates.
Using extracts from the Unified State Register of Legal Entities you can really get a lot of significant information. Therefore, most often large enterprises use this particular verification method.
Finding real reviews on the Internet
Before checking the construction company for reliability, it is recommended that you first study the feedback on its work on the Internet. Such comments may be left by direct buyers or other counterparties. With their help, you can get a lot of useful information, but it is taken into account that some reviews can be left by competitors.
With the help of such comments you can not only understand how reliable the company is, but also how long it has been operating in the market. If there are no responses on the Internet, then we can say that the company is a newbie or carefully monitors that there is no negative information on its work on the Internet.
Checking the solvency of the company
It is important to make sure that the company with which the contract is planned to be signed is not on the verge of bankruptcy. How to check the company for reliability in this case? To do this, it is advisable to contact a special service of the Federal Tax Service, which is called "Transparent Business". To obtain information, you need to go to the tax service website and select the section that offers counterparty verification. Next, information about the name of the company and its TIN is entered.
Using this service, you can get the following information:
- whether the company is included in a special register of liquidated organizations declared bankrupt;
- whether several companies are registered for one director at once;
- whether the director or chief accountant of the company is included in the register of disqualified citizens;
- even the registration address is checked, since if several organizations are registered on it, then through this service you can get the relevant information.
Information is provided completely free and promptly. Therefore, before checking the company for reliability, you need to find out only its name and TIN.
How to check the founders?
Checks should be made not only to the direct company, but also to its participants. To do this, it is important to make sure that several companies are not registered with the director, since in this case we can talk about having a front man or using one-day companies to carry out various illegal operations.
Verification is carried out directly on the website of the Federal Tax Service. To do this, go to the section designed to check counterparties. Further information is entered on the full name company founder. If it is revealed that he has several companies, then it is advisable to refuse cooperation. If more than 10 organizations are registered for a citizen, then it can be argued that his activities are carefully checked not only by the Federal Tax Service, but also by the prosecutor's office.
Reporting Study
How to check the investment company for reliability? When studying any organization, you need to pay a lot of attention not only to publicly available information, but also confidential information. Therefore, before signing the contract, you should ask the management of the selected company for accounting and tax reporting for study.
Some firms are required to publish statements on their official website.
Using such documentation, you can get a lot of information about the activities of the enterprise. To check the reliability of the insurance company, you should get its reporting for about 3 years of work. In this case, you can obtain the following information:
- what income the organization receives for a year of work;
- whether she had losses in the past period;
- what types of activities the company is engaged in;
- What is the amount of outstanding payables;
- how many debtors the company has;
- what is the size of the share capital.
Using this information, you can determine the solvency and financial stability of the enterprise. Based on the data obtained, calculations are made that determine the size and structure of profit, indicators of the turnover of fixed assets and other resources, and the reliability of cooperation is evaluated.
It is advisable to use not only documents that are available in open sources, but also to request from the counterparty other important papers, which include the charter or other types of reports. If the company operates in an area where a license is required, then you will have to make sure it is available.
Dossier compilation
Some firms have a question about how to check the American company for reliability. To use the above methods in this case will not work. Therefore, it is advisable to contact specialized organizations that are involved in compiling dossiers for various companies.
They use different sources to obtain data, and they also have contacts with state institutions and private large companies. The result of their work is presented in a full report, in which there are key indicators from the activities of a potential counterparty. Using this information, you can determine the feasibility of concluding a contract.
Under what grounds should an agreement not be made?
If the management of the company will understand how to check the reliability of the company by name or other information, then obtaining the necessary data will not be difficult. If some signs are identified, it is better to refuse cooperation. These signs include:
- the company refuses to transfer standard constituent or accounting documents;
- it turns out that the company has too few resources and fixed assets, therefore simply can not cope with the tasks that will be assigned to it;
- there are signs that the company is a one-day company, for example, several companies are registered at one address or the company submits zero reports to the Federal Tax Service for a long period of time;
- the organization has been operating for less than one year, so there is no opportunity to study its annual reporting or to receive a sufficient number of responses from other contractors and customers.
Under such conditions, it is better to refuse further cooperation.
Conclusion
Verification of any company is a mandatory process for an enterprise planning to sign an agreement with this company. The procedure can be performed independently or with the help of third-party organizations. To do this, you can use open sources on the Internet or check the submitted financial statements.
If the audit reveals any signs that the company is not reliable and solvent, then it is better to refuse to sign the agreement.