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How to verify a business partner in China

Time:2017-07-08 21:09:02Source:Click:

In recent years, more and more overseas companies order goods from China. Whiel most of the transactions go well, some of the buyers from overseas has encountered various problems.

If you are the first time to deal with a Chinese business partner, here are some tips for you to verify the business partner in China.

1. Check whether the Chinese party is a registered company in China;

2. Check whether the Chinese party has a real office or factory;

3. Chech the time of establishment of the Chinese company;

4. Check the scale of the Chinese party;

5. If you get to know them through a website, check whether they also keep a Chinese lauguage website and whether the website has been registered with the authority;

Apart from that, it is also important to carefully draft the contract, especially the terms of payment to protect your interest.

For details, you may contact a Chinese lawyer.