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 the Package of Documents
September 6, 2020 20:19

(Source: https://novorab.ru/2019/06/04)

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

At this stage, you need to request a package of documents from a potential counterparty, duly certified:

Copies of the pages of the organization's charter, containing its full and abbreviated name, location, structure and competence of the organization's management bodies and their decision-making.

Copies of the certificate of state registration of a legal entity and a copy of the certificate of registration with the tax authority.

Extract from the Unified State Register of Legal Entities, statistical codes (OKPO, OKATO, OKVED and others).

Certificates about the absence of arrears on obligatory tax payments.

Documents confirming the powers of the persons signing the contracts - notarized powers of attorney, order for the appointment of a director or other documents.

Copies of financial statements. The annual accounting statements of all organizations are open and can be obtained either from the company itself or from Rosstat (http://www.gks.ru/accounting_report).|

Contractor firm cards.

Lease agreements or ownership of office and industrial premises.

Unfortunately, the list of required securities for verification is not approved by law, therefore the counterparty has the right to refuse to provide data. Such a refusal should immediately raise suspicion, since in good faith companies, as a rule, all documentation is in perfect order.

Additionally, it is recommended to make a written request to the tax office at the location of the counterparty. The courts consider such an appeal to be an exercise of due diligence, in addition, they oblige the tax authorities to provide the requested information within the limits of  tax secrets.

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

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:

Kerch Port Agglomeration Development What Would a Summit in Brussels Bring Russia? Fixing the Match-Fixing 10 Best Banks for Russian Millionaires - 2019 Russia Iran Economic Relations





comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share


TAGS:
Tyumen  Nikolay Punin  Russian vaccine  skiing in Russia  Festivals in Moscow  Russian Science Fiction  Ukraine crisis  Mariinsky theatre  Russian offroad vehicles  Digital Medicines  Russian Film Directors  Ecotourism  criminality  Bela Ossovskaya  Russian law  Russian space station  PIK Group  Russian business  Robots  Lipetsk Region  Exhibitions in Moscow  Climate Forum  Musicals in Moscow  Voronezh   Mercedes-Benz Fashion Week Russia  Kostroma  Russian tourism  Ivan IV  Perm  economic crisis  Kabardino-Balkaria  animation  Lyudmila Gurchenko  Kimono  travel to Russia  Russian Cinema  Valentin Pikul  Stavropol Territory  bitcoins  Irish Week Festival  Yevgeny Mironov  Konigsberg Castle  St. Petersburg  Zenit St. Petersburg  Sergei Ursulyak  the Angara River  Russian drinks  Russian economy  Moscow  Orenburg region 


Travel Blogs
Top Traveling Sites