Order an English-Language PDF Verification Report Now.

Basic Enterprise Verification Report

Basic Enterprise Verification Report​

6-24 working hours

$ 29
USD
  • A PDF Report of Registration Details​
  • A Report about the Company’s Lies on its Website​
  • Extra Free Verification Service of One Certificate​
  • A Private Lifetime Friend to Answer All Your Questions about China​
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Best for: To verify whether a company exists in China (or to verify a business license)
concise

Concise Enterprise Credit Report

1 working day

$ 79
USD
  • Company Registration Details
  • Company Shareholders & Structure
  • Overall Credit Rating
  • Company Change Records
  • A Report about the Company’s Lies on its Website
  • Extra Free Verification Service of One Certificate
  • One-year Free Notification Service about Changes of the Company
  • A Private Lifetime Friend to Answer All Your Questions about China
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Best for: To know more about a company’s structure & reputation
in-depth

In-depth Enterprise Credit Report

1-2 working days

$ 179
USD
  • Company Registration Details
  • Company Shareholders & Structure
  • Overall Credit Rating
  • Company Change Records
  • 10 Latest Legal Cases Involved
  • Administrative Penalties & Violation of Laws
  • Annual Financial Report
  • A Report about the Company’s Lies on its Website
  • Extra Free Verification Service of One Certificate
  • One-year Free Notification Service about Changes of the Company
  • A Private Lifetime Friend to Answer All Your Questions about China
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Best for: To know more about a company’s structure & reputation

Exhaustive Enterprise Credit Report

2-3 working days

$ 349
USD
  • Company Registration Details
  • Company Shareholders & Structure
  • Overall Credit Rating
  • Company Change Records
  • 30 Latest Legal Cases Involved
  • Administrative Penalties & Violation of Laws
  • Annual Financial Report
  • All Patents, Trademarks & Certificates
  • Customs Registration Information
  • Administrative Permits
  • Risks About Related Persons & Companies
  • A Report about the Company’s Lies on its Website
  • One-year Free Notification Service about Changes of the Company
  • A Private Lifetime Friend to Answer All Your Questions about China
Best for: To know everything that can be found about a Chinese company

Troubles International Businessmen Run Into When Working With Chinese Companies

The founders of SinoInspection used to work in law firms and international trading companies. We found that many Chinese companies lie or exaggerate to international as well as domestic buyers. Many of them do not have the spirit of contract, and may blatantly refuse to pay off their debts even after official court judgements in China. This is because China still hasn’t built up a good credit system, and loopholes in laws still abound to this day. In this case, checking the credit background of Chinese companies beforehand is necessary.

1. Chinese language & policies barrier.

Where and how to collect accurate information about a Chinese company is a challenge to international buyers who are not fluent in the Chinese language, and not familiar with China policies and the complex situations there. This is the first challenge for those who want to know better about their Chinese suppliers. The family of our founder runs a big law firm in Beijing. With the professional support from experienced lawyers, we know how due diligence checks are performed, we know exactly where the accurate information about Chinese companies is, and, living in China, we know too well about the situation here.

2. Due diligence checks are expensive for SMEs.

Most professional law firms can collect information of target companies and write credit reports for their clients. However, they usually charge too much. The law firm our inspection director used to work in charges more than 15,000 US Dollars for one single due diligence check. Many credit checking agencies in the world charges around 600 dollars for one credit report of a Chinese company. We have heard many complaints about this issue when communicating with international businessmen. In this case, we start to figure out ways to reduce costs in the manner of ensuring information accuracy as a prerequisite.

3. Chinese companies may have significant changes.

Some Chinese companies may experience significant changes during business with international buyers. However, it is extremely difficult for these businessmen to constantly monitor the situation of their Chinese partners. For example, the Chinese business partner of one of our clients got its company revoked by Chinese authorities. He contacted the supplier many times and required the Chinese company to ship their goods. But three years have gone and still a big proportion of his order hasn’t been delivered. We help him checked the company’s background and found that the company stopped its business in 2019. If he can monitor the company’s status, he can take quicker actions.

What We Do To Better Help International Buyers

We have put a lot of efforts in optimizing the procedures of gathering accurate China company information, breaking the editing job into 57 specific tasks and training our credit report editors to focus on their respective task to acquire maximum efficiency. We also use APIs to automate some of the information collecting and screening tasks. In this way, we are able to save time.

Another thing we do is to break the translation job into specific tasks, and hire professional legal translators to take charge of the difficult parts in our reports, leaving the easy parts to general English major graduates. Thus, we can save labor costs and give our clients lower prices.

In addition, we talked to a lot of international businessmen, and found that sometimes they just want to know whether a Chinese business license is real or whether a company exists in China. You don’t need to cross-check too much information to get this answer. Therefore, in addition to regular credit reports, we also created a basic verification report for those who just want to know the basic registration information of a Chinese company. But when our founders discussed about what should be included in a basic verification report, we also found other tasks that are easy to a Chinese speaker but difficult for non-Chinese natives – to spot lies, exaggerations, or suspicious words on websites or Alibaba page of a Chinese company based on its basic registration information. Since it is not a difficult job, we set the price of our basic verification report at $29 US dollars. Although inexpensive, our basic verification reports help a lot of international buyers clear up their confusions. You can see some real-case examples to see how much we can help you in this aspect.

Also, since the partnership between Chinese and overseas companies usually lasts for half a year or much longer. We tried to devise a system to monitor the changes to Chinese companies from the start of our business. Now we have found ways to do the job. We keep updating the information about the companies we checked every day to ensure that any sudden change to your Chinese supplier can be notified timely. But the constant monitoring takes more work than a one-time credit check, so we decided to only provide free follow-up notification service for clients who ordered a concise credit report or a more expensive one. If we can find ways to reduce the costs of this job, we will reconsider our pricing policy.

For international businessmen doing a first round of screening of Chinese suppliers, our basic verification reports and concise credit reports can offer enough help. For those who want to know more a Chinese company’s structure and credit background, or those doing a final round of China supplier screening, our in-depth and exhaustive credit reports will offer a deeper understanding. Our exhaustive credit report covers 13 general aspects and 76 specific aspects of a Chinese company. You can see what are included in each of our verification/credit report on their respective product page. If you have any questions, feel free to contact us at any time. We will respond to you as soon as possible.