How to check the company at the conclusion of transactions

Video: IPO Valuation Model 2024, July

Choosing a company for cooperation, it is necessary to exclude possible risks of losses and other losses. Before concluding a transaction, check the organization’s ability to carry out business activities and its reputation.

Instruction manual

Where to get the information.

1. Order an extract from the register on the company you are interested in. This can be done via the Internet by paying a certain amount to an intermediary company providing such services (from 300 rubles). You can also apply to the tax office with a request for an extract, and you will need to pay a state fee of 200 rubles.

2. Use the tax service "Check yourself and the counterparty." The link to this service is listed below.

3. Ask the counterparty to submit copies of its constituent documents (charter), documents confirming the authority of the head of the organization.

What to look for.

1. Location address. Information about the organization’s address can be found in its charter and extract from the register. Using the tax service "Check yourself and the counterparty", you can find out whether this address belongs to the list of mass registration addresses. Self-respecting and serious companies do not use such addresses. As a rule, one-day firms are registered at such addresses. If the registration address of the company does not coincide with its actual location, then ask the counterparty to provide information about the actual address, for example, a copy of the lease or sublease.

2. The powers of the head. Check the authority of the person contacting you as the head of the company. To do this, you need the charter of the organization. This document regulates, among other things, the procedure for appointing the head of the organization. In limited liability companies, the leader is usually elected by the participants of the company, this election is made out either by the decision of the participant or by the protocol of the participants. Pay attention to the term of office of the head, he can also be established in the charter of the organization. The extract from the register indicates the person who is the head of the organization.

3. Transactions that the company may conclude. The charter of the company may reflect a restriction on the conclusion of a number of transactions. In addition, a number of organizations and institutions are limited in transactions in accordance with the law. Non-profit organizations are not entitled to engage in entrepreneurial activity, with the exception of cases when the income from such activity is directed to the purposes for which this organization was created. The conclusion of contracts with state and municipal institutions is based on the results of a tender or auction. There are exceptions to this requirement, which are reflected in the law on public procurement.

Check if the company has submitted tax documents to register the new head of the organization or make any other changes. This can also be done using the tax service "Check yourself and the counterparty."