Something new
In our services over the past two years, some users have raised their "pain points" when using the product - I do not understand Chinese and cannot type out the names of companies from business cards, business licenses, or photos in Chinese for searches, which greatly hinders the
Key points
In China, the Administration for Market Regulation (AMR) maintains a comprehensive business registration system. This system tracks each company's status, providing information about its operational health and potential risks. Understanding the eight critical business registration statuses can be crucial for making informed business decisions and assessing business opportunities.
Something new
Recently, we have added a login feature to the website. The initial design of Knowaco.com aimed to provide services with minimal user information logging. With the increase in service volume, more and more users wish to view summarized search records and purchase histories and independently and conveniently merge past
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On 29 December 2023, the National People's Congress of China voted to pass the newly revised "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"). The revised "Company Law" will come into effect on
Something new
Happy New Year! Wishing you joy, success, and endless possibilities in the year ahead. In the dawn of this new year, amidst a world of continual change and growing information complexities, where accessing information in some regions (or regarding some topics) becomes increasingly complex, our commitment remains steadfast: making public
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Recent cases have shown that some exporters establish multiple companies with different names yet engage in the same business. These companies are owned and operated by the same team behind the scenes. We refer to this phenomenon as 'Shell Exporters". "Why do exporters not operate under a
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A supplier’s salespeople and the company’s website always confidently tell the buyer that their factory is strong, production capacity is sufficient, and the quality is high. However, if you delve deeper into some background information about this company, you may discover that the actual situation might not be
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The business license in China, as we recognize it today, has undergone a series of changes and reforms, reflecting China's rapidly evolving business environment, legal system, and commitment to streamlining bureaucratic procedures. Here's a brief history of the evolution of the Chinese company's business
Risk alert
As we have always advocated, an additional step of background search can help us identify negative records that have a significant impact. Recently, while assisting a client with a name search, we discovered that the related company has significant issues that might affect its delivery capability, including shareholder disputes and
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Do Chinese companies have official English names? The answer to this question is no. The law explicitly stipulates that company names can only be in Chinese. According to the "Regulations on the Administration of Enterprise Name Registration," becoming effective on 1 March 2021: * A company can only register
Something new
We are thrilled to announce the launch of our exciting new type of the Instant Company Search Report - "Flex Report". Now you have the power to select the contents delivered to you based on your own unique needs and preferences, just like building blocks! At Knowaco.com,
Risk alert
As a service provider in company search services in China, our clients frequently ask us the following questions * "I want to know whether the business of this company in China is legitimate?", * "Is this company listed in any blacklist?", and * "Just need to know if
Risk alert
Recently, our analysts assisted one of our clients in performing a background check on an electronics wholesale e-commerce site. The observations suggest the company operating this site might use a fake business license. Worse, its business license was already revoked in May 2022. The company shows its business certificate, tax
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We do company searches and background checks every day for our clients. According to our experience, at most times, a simple Google search can reveal potential abnormal risk signals in a company's operation. Here are some examples of how background checks can help know a company. #1 -
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REAL – this word has different layers of meanings. A company could be a truly registered entity but conduct fake business or exaggerate its operational strength. So, the basic level of checking a company is to verify its registration information. Further check procedures may primarily focus on a company’s business
Risk alert
In our last post, we explained why verifying a business license is not enough to avoid scams. Today our analysts noticed a real case in the news about the risk of fake business registration information. According to some domestic media in China, a few days ago, a private company named