How to verifiy a company in Hong Kong.
Hong Kong Company Verification in 2022.
Let Corporation China handle the verification of any company in Hong Kong.
Corporate China has continuously geared our principles to prioritizing our client’s needs and valuing the commitment of excellence to the Legal services in Hong Kong, China. Our specialized team has committed to providing customers with high-quality services and creating value for their businesses.
Companies looking to do business in Hong Kong can make use of our professional service to conduct comprehensive due diligence on potential business partners for their commercial operations. Considered as the Largest Legal consulting Firm in China, we have access to a large range of information resulting in a deep and complete search of companies in Hong Kong.
Nowadays, the situation is less ideal for promoting business with Hong Kong companies, as knowledge of both English and Chinese language is required to look up Hong Kong company registration details. The authorities tend to publish corporations’ different information on diverse platforms and with various formats. Therefore, we support your business by verifying companies in Hong Kong and providing unified reports in English.
Find out more about verifying a company in Hong Kong.
Why should you verify a company you desire to do business with in Hong Kong.
It provides an effective way for you to verify the information with what you have been told by the local company, such as the registered capital (indicating the amount of legal limited liability), registered legal person, registered address, scope of activity as permitted, and license expiry date.
Compliance with the business license can be an indicator of the reliability and longevity of the company. Furthermore, verification on the shareholder/director list of a certain company could prevent you from negotiation with indirect decision-maker or sometimes even false representatives.
Once you are confident that you are dealing with a lawful entity, you should consider the company’s financial accountability, especially before a significant transactions. For a listed company, we can get equity structure, percentage of shares, capital availability ratio, forms of investment, major shareholders, etc.
Financial information.
Once you are confident that you are dealing with a lawful entity, you should consider the Chinese company’s financial accountability, especially before a significant transactions. For a listed company, we can get equity structure, percentage of shares, capital availability ratio, forms of investment, major shareholders, etc.
Other financial information includes bank statements, bank loans or credits with any financial institutions or private lenders, real estate mortgage records (either the company’s or a founder’s), debt records, promissory note, letter of credit, government grants, subsidies, etc.
Reference Check and Third-Party Evaluation.
A well-established company certainly have many references. The company’s suppliers, customers, even competitors, are all good references. Under this section, you should be able to get: procurement policy, quality and frequency, and payment status from its suppliers, the sales channel, sales markets, market segments, numbers of customers; and their relationships with customers, and more.
Below are company verification actions you can initiate if you need to verify a particular Hong Kong company.
If you need to verify a company in China please click here.
Hong Kong Company Verification.
Start a comprehensive due diligence of potential business partners or company you would like to partner with in Hong Kong before incorporating.