How to verify a company’s legitimacy in China
The National Enterprise Credit Information Publicity System (NECIPS) was established by China in 2014 as a crucial step towards safeguarding the interests of business creditors. This system makes company information available to the general public and sources its data from various government departments and market entities, including all local Industrial and Commercial Administrations in China. The companies, regardless of their size, be it large corporations, farmers and professional cooperatives, or individual industrial and commercial entities across the country, are accountable for the accuracy and legality of the information they provide.
What information does the National Enterprise Credit Information Publicity System provide?
To access the China National Enterprise Credit Information Publicity System, visit http://www.gsxt.gov.cn/index.html.
Once there, you can search for the record of any Chinese company by entering the registered name in Chinese or Unified Social Credit Code. The website provides essential registration details of any Chinese company, such as:
1. Unified Social Credit Code
2. Company Type
3. Registration Authority
4. Registration Status
5. Registered Address
6. Business Scope
7. Name
8. Registered Capital
9. Business Term
10. Establishing Date
11. Date of Latest Check by Authority
In addition to individual profiles, the database contains profiles of legal entities that provide vital information, such as shareholders, directors, legal representatives, general managers, and supervisors. It also includes identifying details like addresses, email addresses, and phone numbers. You can utilise the database to check if the company is listed on the Official List of Dishonest Persons Subject to Enforcement and if it has been penalized by authorities.
Record keeping
Please ensure all records and evidence of your research are held in Mercury.
Please send any questions you have to [email protected]