Many entrepreneurs today find Russian partners via the Internet, and then contact them via email, make deals and transfer money. But not everyone thinks about how dangerous it is – because there is a risk that a potential business partner to be a banal fraud.
Unfortunately, not always transactions with Russia are legitimate and completed safely. Unscrupulous manufacturers can deliberately specify incorrect company details. As a result, funds may go to the wrong account, or not reached on time. To avoid such situations it is recommended to hire the services of a "supplier audit in Russia" that provides YTL to its customers.
Based on the audit data of the manufacturer, you will be able to make a decision on further cooperation with a partner in Russia. We work with legal entities and individuals. Our employees, who are checking in Russia and China – not just people who will show the factory. All our experts are professionals, with many years experience of work with exporters and factories in China, with extensive practical knowledge in audits of various suppliers and reporting by companies. After doing all research and analysis, you will not only get a full package of documents confirming the trustworthiness of your Russian partner, but also photos and videos which will be able to personally assess whether it meets your requirements. Thanks to the experience of YTL in doing business with Russian and Chinese companies you can be sure of the deal and not feel any inconvenience because of the language barrier. First of all, due diligence begins with analysis of registration documents of the plant, in particular, it checks for a valid license on the state registration and certificates on statement on the account in tax bodies.. Requests are made to the regional bodies of the chamber of Commerce in the subject of enterprise activity, the presence of negative information. Relevant industry associations of Russian manufacturers request feedback on the work of this plant. Experts in YTL are ready to test the accuracy of the data about export company and confirm the information volumes of production and exports, to clarify the experience of working with customers from UK, Europe, USA and China. If necessary, our staff can go to the office or production or warehouse, in order to assess the claimed production capacity, technological equipment of the enterprise, number of staff involved in the production, the size of warehouses, to talk to plant management about cooperation.What we do:
How to do the test.
Intermediaries in Russia.
Another trick, which might face in search of entrepreneur – cooperation with trading companies. In internet your partner can be not final buyer of your products – but intermediary firm or person. They often do not advertise the legal status and you think that works with the real manufacturer. Of course, the partner can do their job well enough – to negotiate the details of the booking, to control the delivery and payment…. One but: he is not the one who take the decisions, not the final buyer who will pay money. Thus, you can lose your time and that worse: goods.
Work directly with the final customer in most cases is always beneficial. Even in such cases when the plant is not able to offer customs clearance of goods for export or delivery to port of destination. These operations, our company will take over.
The costs of verifying business partner in Russia
The price for checking of supplier in Russia will depend on different factors:
- A city where you need to go to our employee
- The time period in which will last the test
- Personal requirements customer verification provider
- After checking a supplier, you can also instruct us to represent your interests in the company, to control the shipment of goods, to perform other related services.
To calculate the cost of inspecting the supplier, please contact to our managers.
