How to secure a deal

In civil law, transactions refer to relations between citizens and legal entities in which civil rights and obligations are established, changed or terminated. Any transactions must be completed legally, and it is the law that will help you secure the transaction.

Instruction manual

1

In order to avoid sad consequences, it is better not to conclude transactions verbally. If the second side first assures you in words (and even more so in private) that all the obligations will be fulfilled, and then refuses your words, it will be very difficult for you to prove that there were any agreements to third parties. Remember that transactions with legal entities and transactions of citizens worth more than 10 minimum wages must always be made in writing.

2

When completing a transaction by concluding an agreement, ask the other party for documents confirming the authority of the person signing the documents, and documents to determine that the activities of the enterprise are legal. In most cases, for the conclusion of contracts, the parties - legal entities exchange copies of the following documents: PSRN, TIN, extract from the charter (first pages, including activities and pages with the authority of the executive body), a document confirming the authority of the person signing the documents (order, power of attorney).

3

Individuals can provide a copy of the passport and a document confirming the right to make transactions with property that is the subject of the transaction (for example, a certificate of ownership). In some cases, a transaction between citizens can be issued with a receipt. If necessary, you can contact the notary office that will issue the transaction.

4

If you doubt the cleanliness of the party with which you intend to make a transaction, you can check it on the website of the Federal Tax Inspectorate at http://egrul.nalog.ru. Select in the menu "State Registration and Accounting" the item "Information on legal entities entered in the Unified State Register of Legal Entities (publication)". Enter the company data in the appropriate fields (PSRN, TIN, address, and so on) and click on the "Search" button.

5

To pay for goods and services under the transaction, use non-cash payment, if you pay in cash, require documents confirming the fact of the transfer of money (commodity checks, invoices). If possible, choose payment terms that will help you verify the integrity of the other party. Instead of a 100% prepayment, use the "advance payment" scheme. In some cases, it is advisable to involve third parties in the transaction - guarantors, guarantors. In special cases - witnesses of receipt by you (or the other party) of money.