When importing from China, you’ll come across some terms that are crucial to know. One of them is the Unified Social Credit Code (USCC). This code is issued to all registered companies and various organizations throughout Mainland China. What exactly is this number, and why is it so important? How to check Unified Social Credit Identifier and where to find it?Continue reading
We have already written how many Chinese scams can be avoided by confirming the existence of the company in People’s Republic of China. A common mistake commited by businessmen who imports from China is to assume that if there is a website there is probably existing registered company. Unfortunately, often it is not. The statement “The company for certain exists, because it has got a website, the address and all, there are even pictures of the factory” is a sign of naivety. Scammers often copy the contents of the pages of existing Chinese companies, often with the address, photo and logo.
If you are trading with China it is worth to ask your business partners to send basic documents in order to reduce the risk of possible fraud. At the beginning it is worth to determine whether the company has a valid legal registration in China. The basic documents you should ask for is a business license (business license). Every legally operating company must possess this licenses, this document fits on one side of a double paper so there is no problem with scanning and sending it to us.