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How to check a company in INDIA?

Dear friends,Merry Christmas and Happy New Year!Our company often receive enquiries from India,sometimes we couldn't check it through (Internet) search engine,such as Google,Yahoo,etc.What should I do?Thanks and regards,Sophia

Posted on 2013-02-15 00:59:24

All Answers


Replying to [Sophia 320]: Dear Sophia, you can ask the Indian buyer about their IEC code (Import Export Code)Without IEC code no company in India can Import or Export.Once you get the IEC code visit following weblinkhttp://dgft.delhi.nic.in:8100/dgft/IecPrint[1] Put the IEC code in the first box[2] Write the company name (minimum three letters) in the second box. e.g. My company name is GAUR EXPORTS. You can put GAU[3] Submit QueryYou will get all the necessary details about the company[em19]I hope I deserve the 10 points for Best Answer [em7]

2013-02-15 00:59:24

Replying to [Smir]:In a very first or Intro mail, No company will give its IEC code.But Ya your information is suitable. and After interaction one can get the said No. from the party. Apart from it after fewer interactions also the gennuinity of supplier can be judged.[em1]

2013-02-15 00:59:24

Replying to [Sophia 320]: Actually you can check to see if the company is real through the MCA known better as India's Ministry of Corporate Affairs. You see Sophia based on the information from that site I can tell you that Anshu's company is real yet she doesn't carry a Trust P *. Yet Smir's company who has a Trust Pass is unverifiable using the same Indian Goverment Source. Even so at the MCA you can check to see if any goverment business registration has been applied for and if it has been approved or not, if it was approved it will tell you where.Now then don't get me wrong here but based soely on the information each provides for there Alibaba Company profile one is verifiable and one is not. So then if Smir and Anshu were selling the same products undoubtedly you would entertain negotiations with the company you can verify. The website is http://www.mca.gov.inRanger

2013-02-15 00:59:24

There are many types of companies which are legally formed and being operated in India like:1. Proprietorship Firm : It has one single owner who completely owns the company. The employees of it can vary from one to thousands depending upon the work and scope of company. It is very easy to start and these type of companies requires less paper work with the government so many small and medium size business opt for it. In these type of concern, the owner is accountable for all profits and losses of the company. These types of companies can be verified by asking their Trade Tax Certificate, **** Certificate, Income Tax Returns, Balance Sheets, PAN No, IEC Code, Small Scale Industry Registration, Service Tax Registration etc. Availability of these documents vary from company to company depending upon their nature of business.2. Partnership Firm: It has 2+ owners with percentage of ownership mutually decided while making agreement. It is also more like the proprietorship firms except here the responsibilities being divided among the partners. It is usually being formed when people want to club the technical expertise or financial strengths of different partners. These types of companies can be verified by asking their Partnership Agreement Registration, Trade Tax Certificate, **** Certificate, IEC Code, Small Scale Industry Registration, Income Tax Returns, Balance Sheets, PAN No, Service Tax Registration etc. Availability of these certificates vary from company to company depending upon their nature of business.3. Private Limited Company: It is formed by minimum two and maxium seven people. It is to be formed as per ministry of company affairs norms. Here company has separate identity and is accountable for all profits and losses instead of individuals. It requires more paper work then the above options but has its own benefits like others.These types of companies can be verified by asking their Company Registration, Director Information No, Trade Tax Certificate, **** Certificate, IEC Code, Small Scale Industry Registration, Income Tax Returns, Balance Sheets, PAN No, Service Tax Registration etc. Availability of these certificates vary from company to company depending upon their nature of business.4. Limited Company: These types of companies are often made to list in stock exchanges to attract more and more share holders. These type of companies are often formed by medium and big businesses.These types of companies can be verified by asking their Company Registration, Stock Exchange Listing, Trade Tax Certificate, **** Certificate, IEC Code, Income Tax Returns, Balance Sheets, PAN No, Service Tax Registration etc. Availability of these certificates vary from company to company depending upon their nature of business.Legal status of these types of concerns can be changed in descending order by filing with the appropriate authorities but sometimes it can be a hindrance for firms to change to companies dues to naming restrictions. There can be several firms in different states with the same name but there can be only one company in India under one name.So often the firms cease their efforts to convert their existing business to pvt limited companies or they would left with no option but to change their company names.

2013-02-15 00:59:24

Replying to [Sophia 320]: YES SOPHIA , samir is right , in india , IEC CODE IS must and you can check it , if your customer is having IEC code it means governement has given him the rights to import or export the listed products from india.WE are the manufacturer of paper products and to export these products we also have an IEC , "IMPORT EXPORT CODE". from DGFT. REGISTEDRest is between you and your customers terms and conditions. I wish you best of luck for a safe business with INDIANS. You can faith INDIANS. INDIANS ARE THE COMING LEADS OF THE WORLD.WISH YOU HAPPY NEW YEARS.

2013-02-15 00:59:24

Replying to [Handson]: you should ask ther import export code, sales tax registration and also ask them where is the promotional listing they have in which portal, as if they buy they must be selling so must be promoting there company on net ask ther other registration certificates, to confir there existance

2013-02-15 00:59:24

Replying to [Sophia 320]:I deal with alot of suppliers from india. been scammed only twice but this does not mean that you should not do your homework. I ask some of my india suppliers to do research for me. The india suppliers go out of their way to help their customers and also have good customer support. I love dealing with india.

2013-02-15 00:59:24

Replying to [Sophia 320]:dear sophia,there are many portal for indian compaines where you can get to know them,, amongst them a few are yellow pages,, india mart, indian importers.net and many moreif u want we can provide u with the check,, any more info ,, can contact me over trade managerthanksnidhi

2013-02-15 00:59:24

Replying to [Handson]:Hi,Handson,glad to meet you here.Merry Christmas and Happy New Year.Thanks for your advice.[em1][em21]Sophia

2013-02-15 00:59:24

It is very necessary for us to inspect our new and potential customers just like what they do to us.If we can not find their imformation via internet,we can ask them some questions via email or call,then try to check if they are serious and not fraud.

2013-02-15 00:59:24
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