Minimum Order: 1 20' Container
Terms Of Payment: FOB Capacity: 1 20' Container per Year
Delivery Time: 48 hrs
Country Of Origin: China
IMEX Liaisons Group’s China company verification & background check service is designed to help importers verify the identity of the company/suppliers they are dealing with, so that they can have full confidence before making any large sums of payments to the suppliers or entering into any contracts.
While China is a great destination for sourcing all kinds of products at highly competitive prices, it is also unfortunately plagued by a large number of “fly-by-night” companies as well as fraudulent individuals claiming to be companies. These companies can be broadly classified into two categories:
- Fraudulent companies or individuals that only operate with the sole intention of getting payments and disappearing. Unfortunately, with the current legal system, once the payment has been sent to the supplier, it is extremely difficult to recover it, even if no goods were ever dispatched by the supplier, especially if the payment is sent from outside Mainland China.
- Companies that do exist and will dispatch products upon receipt of payment, however the quality of the goods would be substantially substandard and inconsistent with the sample or specifications advertised by the company. This enables the companies to exponentially increase their profit margins while still legally being above to prove that the goods were delivered.
Therefore it is imperative to manage these two import risks by taking appropriate measures. The measures taken should reflect the value and volume of the import consignments.
We help eliminate the first risk by carrying out a thorough verification of the company to ensure that the company being dealt with is genuine, physically exists where it claims to be and is registered with the relevant government departments. This ensures that most of the fake individual sellers claiming to large companies, manufacturers or traders are identified as well as ensures that companies with a previous track record of fraud are verified before any payments are sent to them.